Wal-Mart's Small Mart
Jan 12, 2009
The Cincinnati Enquirer has a good look at a new Wal-Mart test store--a former 220,000-square-foot location that's now 93,000 square feet smaller and features a more open layout. ...
Deal Junkie Takes on Seeking Alpha
Jan 12, 2009
Brian Kelly at Seeking Alpha put up two posts in the past few days, "CMBS Delinquencies Rise: Should the Government Step In?" and "Commercial Mortgages: The $400 Billion Ticking Time Bomb" that Deal Junkie didn't appreciate very much as is...
Boscov's Financing in Trouble?
Jan 12, 2009
Al Boscov made a sales pitch to Snyder County last week, asking the county's commissioners to approve a federally backed loan to help him complete his purchase of the Boscov's department store chain. Nonetheless, Snyder County commissioners voted...
Developer Encourages Shopping Center Demolition
Jan 12, 2009
A glut of new shopping centers in Chandler, Ariz., along side the well-documented slowdown in the retail sector has created a conundrum. There are too many retail properties and not enough shopping activity to sustain them. One solution...
Supervalu to Close 50 Stores
Jan 10, 2009
Albertsons' parent company, Supervalu, will close 50 stores in strategic cost-cutting moves this year, its chairman said...
Circuit City in Talks with Interested Parties
Jan 10, 2009
Circuit City Stores Inc. said Friday it is in talks with two interested parties about the terms of a going concern transaction...
NY Retail Brokers Expect 20% Rent Drop
Jan 09, 2009
At noon on Wednesday, about 50 retail brokers and landlords trickled into the Harvard Club on West 44th Street for a members...
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