GGP Expresses Interest in Vornado Malls
May 03, 2012
General Growth Properties has been laying low on the acquisition front since coming out of bankruptcy in late 2010. But hearing that Vornado Realty Trust may be putting its malls on the market in the near future, GGP CEO Sandeep Mathrani says the...
Same-Store Sales Growth Under 1 Percent in April
May 03, 2012
U.S. same-store sales lost most of their momentum in April, with most market sources reporting aggregate growth under 1 percent for the industry. The slowdown, which stands in stark contrast to robust sales growth in recent months, is being...
Starwood CEO Explains Westfield Deal
May 02, 2012
Starwood Capital Group has recently made one of the biggest deals of the year in the U.S. mall sector, but don't look for Starwood to become a major retail landlord any time soon. ...
P.F. Chang's Goes Private
May 01, 2012
This seems to be a busy week for private equity players. News just came out that fast casual restaurant chain P.F. Chang's agreed to be sold to Centerbridge Parnters L.P. for $1.1 billion. The chain, which can be found at many malls, has been...
Are Small-Format Supermarkets the Next Big Thing?
May 01, 2012
We've been hearing for a while that big-box retailers, including Wal-Mart, Target and Best Buy, have been developing small-format concepts to help increase store productivity and make it easier to enter urban markets. But now supermarket operators...
Payless Shoe Source Finds a Buyer
May 01, 2012
After hitting a rough patch last year, Collective Brands Inc., owner of Payless Shoe Source and Stride Rite stores, has finally found a buyer. ...
Wal-Mart Investigates Bribery Charges in Mexico
Apr 23, 2012
Among the obstacles U.S. retailers may face when trying to expand overseas is the fact that business in certain parts of the world is not always conducted in strict adherence with existing laws. The idea of dealing with Russian officials, for...
Does a Best Buy Buyout Make Sense?
Apr 18, 2012
As Best Buy tries to put its house in order, several private equity buyers may be getting ready to pounce on the retailer. ...
IKEA Shows Other Retailers How It's Done
Apr 18, 2012
Swedish furniture giant IKEA continued on its mission to take over the world this week with the announcement that it was going to start selling consumer electronics, including televisions, sound systems and CD/DVD/Blu-ray players. ...
Whole Foods Considers Opening Stores in Distressed Markets
Apr 16, 2012
When most people think of Whole Foods stores, the images that most readily come to mind are of such locations as the Time Warner Center in New York City or Legacy Place lifestyle center in Dedham, Mass. In other words, places where middle-class...
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