It's interesting that the New York Times thought this warranted the lead position in today's print edition. The question of retailer bankruptcies, store closings, etc., has come up a lot in recent months and there has been more mainstream media...
Linens 'n Things Inc., the housewares retailer controlled by buyout firm Apollo Management LP, hired restructuring firm Conway Del Genio Gries & Co. to weigh options including bankruptcy, people with knowledge of the agreement said. The chain...
According to ICSC's data, released this morning, chain stores suffered through their worst March since 1995 with same-store sales falling 0.5 percent (membership req.) ...
Here's an interesting story from today's Wall Street Journal about how B-Piece buyers are wielding more influence in shaping CMBS deals. (You need a subscription to read the entire article.) ...
Retailers continue to have trouble in the current economic climate.
Circuit City may be up for sale. Meanwhile, Linens 'n Things may be headed for bankruptcy.
Seeking Alpha notes that the Inland Real Estate Group of Cos. has built up a 5.6 percent stake in Ramco-Gershenson Properties Trust. Inland revealed the stake in an SEC filing, which also said it may acquire additional shares in a cash tender...
The vacancy rate at U.S. strip malls rose to the highest level since 1996 in the first quarter of 2008, while that for big malls reached levels unseen since 2002, research firm Reis said on Friday. The amount of space occupied by retailers fell...
What's Eddie Lampert's strategy at Sears? If recent moves are any indication, he could be trying to set up the old line firm to copy a much more modern one: Amazon.com. In the process, it could mean that Sears substantially shrinks its store base...