Sharper Image Will Accept Gift Cards
Mar 07, 2008
After announcing earlier this week that it would not accept gift cards, Sharper Image seems to have changed its mind. But there are some conditions. ...
Citi's Michael Billerman On REITs
Mar 06, 2008
Citigroup Senior REIT analyst Michael Bilerman talks REITs. Watch the video here. (Hat tip to Deal Junkie for pointing this out.)
Retailers Post Mixed Results in February
Mar 06, 2008
It seems like discount retailers did well. Wal-Mart was up. Costco was up. Target was in positive territory. And specialty retailers that also carry lower-price fare did well. Most department stores did poorly. As they announced last week, Macy's...
Don't Mess With Mall Walkers
Mar 04, 2008
For years many regional malls have been gracious enough to open their doors early to allow in mall walkers--typically seniors looking for some exercise in an enclosed climate. Recently, a mall outside Detroit raised the ire of some walkers by...
Exploding Malls
Mar 04, 2008
Talk about weird. Explosions have occurred at two different strip centers, one in Illinois and another in Georgia, in less than two weeks. Eight suffered injuries in Illinois in an explosion that was thought to be caused by a gas leak. Police are...
Some Retailers' Solution to Sagging Same-Store Sales? Stop Reporting The Numbers!
Mar 04, 2008
We all know that same-store sales have been hurting for a couple of months for the industry. And some retailers have been posting weak figures for even longer. So what are some, including Macy's, thinking of doing as a response? They want to stop...
Restaurants Feel the Pinch
Mar 04, 2008
The restaurant industry has fallen, and it can't get up. To add insult: The worst may be yet to come. Same-store sales are sliding. Commodity prices are climbing. Units are closing. Customers are dwindling. Some of the top names in all ends of...
Gap Looking To Shrink Its Stores?
Mar 04, 2008
During Gap's earnings call Chairman and CEO made an interesting comment about the company's real estate footprint: ...
Restoration Hardware Passes on Sears Offer
Mar 04, 2008
Restoration Hardware Inc. has determined that the most recent Sears Holdings proposal to acquire is not better than one already on the table from Catterton Partners. A “go-shop” period during which Restoration Hardware was permitted to encourage...
Is Commercial Real Estate the Next Sub-prime?
Mar 04, 2008
Here are two clips from CNBC with pros debating the fate of commercial real estate. ...
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