Target, Mizrahi Break Relationship
Jan 18, 2008
Interesting. Target and Isaac Mizrahi have been working together for five years as part of Target's efforts to bring in big-name designers to draw up schemes for Target products. That partnership is apparently over. ...
American Apparel Sees Opportunity
Jan 17, 2008
Chief Executive Dov Charney said on Wednesday he saw opportunity in retail real estate for the fast-growing company, given the struggles of many rivals amid the economic downturn. "There's a lot of real estate out there now because a lot of...
Commerce Department Figures Look Ugly
Jan 16, 2008
U.S. retail sales fell unexpectedly in December to close out the weakest year at the cash register since 2002, data showed on Tuesday, the strongest signal yet that the economy may be sliding into recession under the weight of a housing and credit...
Roundup of Stats
Jan 15, 2008
David Stejkowski drew my attention to the Urban Land Institute's The Ground Floor blog, which has a thorough post walking through a bunch of major commercial real estate statistics. ...
Simon Creates Security Task Force at Mall in Florida
Jan 15, 2008
Simon Property Group, owner of the Town Center mall, says it will create a public-private task force to ensure public safety and crime prevention. The announcement Saturday came one month after the Dec. 12 killings of Nancy Bochicchio, 47, and...
Scott Out, Rufrano In at Centro
Jan 15, 2008
Centro Properties CEO Andrew Scott has resigned. He is being replaced by Glenn Rufrano, who was the CEO of New Plan Excel, the firm Centro ran up a chunk of debt acquiring back in February 2007. The announcement comes along with the revelation...
Liz Claiborne Closing Stores; Abercrombie Launching New Concept
Jan 14, 2008
New York-based Liz Claiborne, Inc (NYSE:LIZ), operator of approximately more than 450 stores in the women's and men's apparel and accessories categories, this week announced plans coming from its strategic review process of 16 non-core brands...
Reis: Regional Mall Vacancies Inch Up
Jan 11, 2008
A slowdown in both the growth of consumer spending and the hesitancy of retailers to sign leases in such uncertain times has contributed to a "change in trajectory" for regional malls, Reis chief economist Sam Chandran said. "It's only one...
Retail Real Estate's Outlook
Jan 11, 2008
Newsweek has a ...
Daily Centro Update
Jan 11, 2008
Centro's stock fell another 22 percent after news broke that the company may be investigated by the ASIC. ...
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