Teen Vogue's Mall Concept
Oct 30, 2008
THOUGH many retailers are closing and cutting back, Teen Vogue is taking its franchise to the mall. The magazine is opening a store, called the Teen Vogue Haute Spot, in the Mall at Short Hills in New Jersey. But the magazine does not intend to...
Buyers Still Not Buying
Oct 30, 2008
Turmoil in the credit markets and economic weakness has virtually frozen the commercial property markets, with buyers reluctant to commit as prices fall and sellers refusing to deal unless forced to by financing constraints, a panel of real estate...
Ackman's Plan for Target Real Estate
Oct 30, 2008
During his two hour long presentation, Pershing Square Capital Management's, William Ackman made a compelling argument for Target to unlock the equity of its real estate without losing control of its buildings by spinning off the land into a...
Westfield Opening London Megamall
Oct 30, 2008
WHEN the first shoppers flock through the doors of Westfield's new mega-mall in London tomorrow, the head of the company's British arm will be thinking of sleep. Michael Gutman admits he's lost a fair bit of shuteye in the lead up to the opening...
Thoughts from ULI
Oct 29, 2008
I have been at ULI's fall meeting since Monday. It's the first industry conference I've attended since August. Not surprisingly...
Wal-Mart Unveils New Sam's Club Concept; Slows Supercenter Growth
Oct 28, 2008
Wal-Mart has a new concept coming for Hispanic shoppers. ...
Value City Liquidating
Oct 28, 2008
Discount retailer Value City Department Stores and its subsidiaries have filed for bankruptcy protection and plan to close...
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