In the quarter ended August 4, Sears earnings dropped to $65 million, or 50 cents a diluted share, down from the year-ago quarter's $173 million, or $1.15 a share. Per-share results benefited from a 15 percent decline in the number of diluted...
Delinquencies on CMBS have risen, but the increase is not nearly enough to account for the market's weakness. Moody's delinquency tracker, which follows delinquencies in excess of 60 days on loans backing U.S. CMBS transactions over the past 10...
In a 2-1 decision, the Ninth U.S. Circuit Court of Appeals in San Francisco overturned restrictions on picketing imposed by a company that manages shopping centers in Santa Cruz and Sacramento. The decision follows a California Supreme Court...
Mall owners often talk about trying to find sources of ancillary income. I don't think this is what most of them have in mind. ...
Although Southern California mall owners say they are generally faring better than many of their counterparts in other parts of the country, they're feeling the pinch and looking for ways to lure shoppers back. "If you are complacent you are...
This is a nice change from the stream of announcements of store closings. CVS is developing a new concept high-end beauty store. ...
I just linked to S&P's latest numbers (through May) from earlier this week. Today, Moody's has reported their latest (through June) and it shows a bit bleaker picture. ...