Sharper Image to Close Rest of Its Stores
Jun 03, 2008
Gadget retailer The Sharper Image plans to close all of its remaining stores, its new owners announced Sunday. The company expects to sell $50 million in inventory as it shutters 86 stores across the United States, joint owners The Hilco...
Regency Sells Mid-Atlantic Portfolio
Jun 02, 2008
Jacksonville, FL-based Regency Centers (NYSE:REG), together with co-investment partner Macquarie CountryWide of Australia, sold seven "non-core" properties, totaling 804,457 square feet, to a joint venture between New York-based Angelo Gordon &...
Latest on the CMBS Market
Jun 02, 2008
The market for commercial mortgage-backed securities (CMBS) will begin to recover when issuers and bond buyers agree on pricing, probably late this year or early in 2009, observers say. Once that begins to happen, however, a potential flood of...
Tiffany Wins Too
May 30, 2008
Yesterday, I posted about Costco's big quarter and talked about how it was indicative of discounters, grocers and warehouse clubs thriving in the current economic climate. It turns out luxury retailers aren't doing so shabbily either. Tiffany...
Report: Centro Close to Big Sale
May 29, 2008
Centro is closing in on a $1.2 billion sale, according to published reports. ...
Blockbuster Unveils In-Store Kiosk
May 29, 2008
Blockbuster will bring new in-store kiosks into some of its stores that enable lightning-quick downloads of movies. This is an example of the kind of strategies retailers are looking into to take advantage of space they may already control but no...
Costco's Profits Up Big
May 29, 2008
This matches what we've been hearing a lot lately. Grocery stores, discounters and warehouse clubs are cleaning up in the current economic environment as consumers continue to be extremely price-conscious. ...
Updates on Linens 'n Things and Gap
May 27, 2008
Linens 'n Things may be closing more stores than they originally thought. Meanwhile, there's good news from Gap Inc., which boosted its first-quarter profit by 40 percent by managing inventory and cutting costs.
Roundup of Links
May 27, 2008
Back from some downtime after last week's big show in Las Vegas, here's a roundup of some news, notes and commentary. ...
Bid/Ask Gap Continues to Vex Investors
May 21, 2008
For months, a yawning gap between buyers' and sellers' expectations combined with a drop in available financing for highly-leveraged buyers has led to a massive drop in investment sales volume on retail real estate properties. In early months of...
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