Circuit City Considers Store Closures
Oct 20, 2008
U.S. electronics retail chain, Circuit City is considering closing at least 150 stores and cutting jobs, the Wall Street Journal said citing people familiar with the company. Earlier this month, the retailer hired Skadden, Arps, Slate, Meagher ...
Struggling Malls Can Mean Struggling Communities
Oct 20, 2008
This isn't something that gets explored often, but it's a good point. This CNN piece talks about how when a mall struggles, it can take a toll on the surrounding community. ...
Analyst Decries REIT Selloff
Oct 17, 2008
Raymond James & Associates Inc. analyst Paul Puryear upgraded eight real estate investment trusts today in the belief that the recent sell-off in the sector has been overdone. “Enough, already!” he wrote in a note. “Given our years of real...
Short-Term Lending Metrics Easing
Oct 17, 2008
It looks like the coordinated plans are starting to take hold. ...
Analysts Give Gap High Marks
Oct 17, 2008
Wall Street analysts gave Gap Inc. high marks on its steps to re-ignite its business after meeting with top management Thursday...
Mervyns to Liquidate
Oct 17, 2008
Department store chain Mervyns LLC will announce Friday that it is filing for chapter 7 bankruptcy protection — which means the...
Retail REITs Bounce Back
Oct 17, 2008
After two days of heavy sell-offs, many retail REITs made strong recoveries today. CapLease was up 12.8 percent. Realty Income...
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