Build-A-Bear Gives Up on Friends 2B Made
Sep 17, 2008
Build-A-Bear Workshop Inc. said it plans to close friends 2B made concept, a line of make-your-own dolls, and expects related charges in the third and fourth quarters, and through the third quarter of fiscal 2009, sending its shares down as much...
Steve & Barry's to Keep 173 Stores, Close 103 Others
Sep 17, 2008
Discount clothing chain Steve & Barry's has begun final liquidation sales at the 103 locations it will be closing following its takeover last month by BHY Holdings LHC, an affiliate of investment firms Bay Harbour Management and York Capital...
Linens May Liquidate
Sep 17, 2008
A possible deal for Linens 'n Things has evaporated. Now the company may face liquidation, possibly not even surviving the holiday shopping season. ...
The Walgreen/CVS Battle Over Longs
Sep 17, 2008
It's been hard not to get focused on the saga on Wall Street. But there is other news going on in the industry. ...
Real Estate Roundtable Applauds AIG Move
Sep 17, 2008
Here's a very brief statement from the Real Estate Roundtable Real Estate President and CEO Jeffrey D. DeBoer on the bailout of AIG, the latest major move to stabilize the financial system. ...
Yields on Commercial Mortgages Reach Record
Sep 16, 2008
Yields on commercial mortgage bonds relative to benchmark rates rose to record highs on concern that Lehman Brothers Holdings Inc. may dump its real estate on the market after filing for bankruptcy. Spreads on AAA rated commercial mortgage-backed...
How Lehman Hurts Commercial Real Estate
Sep 16, 2008
I'm still trying to get my head around the implications that Lehman's collapse has for the commercial real estate sector. As I see it, there are a handful of ways this is negative or potentially negative for the sector. If you've got any feedback...
Bloodbath on Wall Street
Sep 16, 2008
Yesterday hurt. And I'm not talking about the Dow. Retail REITs were not immune from the broad sell-off. Every company we cover fell between 3 percent and 15 percent during the rout. The companies that got hurt the worst stand out. The two largest...
More on Lehman's CRE Effects
Sep 16, 2008
"I think the industry as a whole will feel a significant effect from this. This is a big one. It's not just a lender. It was also an equity player," said Ross Moore, executive vice president of market and economic research at Colliers...
Lehman and Commercial Property
Sep 15, 2008
Forbes has an excellent piece up ...
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