More than two years after Hurricanes Katrina and Rita passed through the Gulf Coast, one of New Orleans major suburban malls, General Growth Properties' Oakwood Center in Gretna, La., is now open again. ...
New data from Real Capital Analytics shows that office sales dropped 70 percent in October from a year ago. That's a huge drop. There was a prior report that values in the last quarter dropped on sold properties. But that in itself didn't seem...
Sears Holdings Corp., parent of retailers Sears and Kmart, has bought a 13.9 percent stake in Restoration Hardware Inc. and is considering a possible takeover of the home furnishings provider, according to a Securities and Exchange Commission...
USA Today has a fun little roundup of some of the extreme promotions and extended operating hours, which now include quite a bit of sales beginning on Thanksgiving itself. ...
WHEN IT COMES TO HOLIDAY shopping, it turns out teens aren't as tethered to their computers as marketers have been led to believe. A new study finds that 95% of teens ages 13-17 say they are choosing shopping at stores and malls over catalog and...
Behind the scenes, however, the mall industry continues exploring new ways to meet the complex challenge it faces: protecting huge areas designed to be accessible to thousands of consumers without scaring them off. "It's a logistical nightmare,"...