Fortunoff, Lord & Taylor Buyout Goes Through
Feb 04, 2008
This deal was teased last week and has gone through. Back when NRDC originally bought Lord & Taylor, everyone thought it was purely a real estate deal--that NRDC would redevelop some sites, particularly Lord & Taylor's massive New York...
Five Killed in Chicago
Feb 04, 2008
The Chicago Tribune has a comprehensive package of stories up about the five women killed at a Chicago mall. ...
Cuts at Ann Taylor
Feb 02, 2008
The program will include closing 117 underperforming stores over the 2008-2010 period; downsizing the company's headquarters staff by approximately 13%; and a “broad-based productivity initiative, including the strategic procurement of non...
Mall REITs Holding Up
Feb 01, 2008
Simon Property Group was the first regional mall REIT to report fourth quarter results. (It's having its conference call at 11:00 and you can listen in via Webcast ...
Lord & Taylor in Talks to Buy Fortunoff
Feb 01, 2008
Lord & Taylor, the venerable New York City retailer, is in talks aimed at acquiring Fortunoff, a Long Island institution...
Dell Scraps Its Kiosks
Jan 31, 2008
Dell Inc. is closing its 140 'direct store' kiosks in the U.S. as it moves to sell its products through retailers like Best Buy...
More Pain for Furniture Sellers
Jan 30, 2008
Domain Inc.--which operates 27 stores--filed for bankruptcy on Friday. Meanwhile, Crate & Barrel has made a change at the...
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