It brought us Swedish meatballs, Billy bookshelves and endless queues on the London North Circular on Saturday afternoons. Now Ikea is going one step further and opening the Ikea Hostel, where customers can stay overnight if they haven't finished...
REIT stocks have suffered a massive sell-off for a while. But another indication that what is occurring may be an overreaction is the announcement from Simon Property Group that it has authorized stock buyback program. Under the program, the firm...
Gap Inc. said Thursday it has named Glenn Murphy, the former top executive of Canada's largest drug store chain, to be the new chairman and chief executive of the troubled clothing retailer. San Francisco-based Gap had been searching for a new...
Two more stories about mall curfews. The San Jose Mercury News offers one report. The other comes via The Flint Journal. ...
Several centers in Raleigh, N.C., that had moved to block city buses from driving through their parking lots have backed off from that stance. ...
Yesterday I posted about some impacts the sub-prime mortgage meltdown was having on commercial real estate, linking to stories and observations about changes in the CMBS and CDO markets. ...
According to the Financial Times, Baugur, an Iceland-based investment group, has reportedly built up a $250 million investment in Saks Inc. ...
Simple RE has an interesting post exploring the ...