Bill Ackman Strikes Again (Friday's News & Notes)
Oct 08, 2010
Bill Ackman's Pershing Square Capital Management seems to be everywhere these days: the firm has been an investor in Target, Borders and Sears, as well as in General Growth Properties, the country's second largest mall owner. The firm has also...
Retailers Post Solid Sales Growth in September
Oct 07, 2010
Looks like the retail sector continues its modest recovery. Industry data shows that September same-store sales were in line with analysts' expectations, though sales growth for the month was in no way spectacular. ...
Let the Holiday Sales Speculation Begin! (Wednesday's News & Notes)
Oct 06, 2010
With ICSC and the NRF each providing their holiday sales forecasts, the real fun now begins as people search for clues as to how the season will truly play out. ...
Presenting GGP's New Board
Oct 05, 2010
General Growth Properties announced its new board. And, as reported last week, the Bucksbaum family is not on it. ...
WSJ: Bucksbaums Denied Board Seats ... Is That Fair?
Oct 01, 2010
Talk about harsh. The Wall Street Journal is reporting that the Bucksbaums--the family that built General Growth Properties into the second largest mall owner in the country--will have no representation on the boards of directors of either of the...
10 Would-Be Buyout Targets
Sep 30, 2010
We've reported before how private equity players are coming back into the market for retailers. In recent weeks, we've already seen the acquisition of fast food chain Burger King by 3G Capital. Meanwhile, bookseller Barnes & Noble has made no...
Big Moves for GNC (Thursday's News & Notes)
Sep 30, 2010
Retail real estate execs are always on the prowl to find the rare retailers willing to expand in today's climate. So there's some doubly good news on that front from GNC today. ...
Tanger CEO Opines on the American Consumer
Sep 29, 2010
Tanger Factory Outlet Centers CEO Steven Tanger appeared on CNBC yesterday and talked about what he saw happening with the American consumer. In part it's a reaction to the consumer confidence numbers, which remain quite grim. Tanger says that his...
Not All Fun and Games (Monday's News & Notes)
Sep 27, 2010
Retailers competing in the toy market have had a notoriously tough time competing with Walmart. The Bentonville behemoth became the top seller of toys in the late 1990s and never looked back. Many department store have reduced or phased out toy...
How to Do Mixed-Use Right (Thursday's News & Notes)
Sep 23, 2010
For the better part of the past decade, developers and architects have been arguing about the best way to approach mixed-use projects. Mixed-use was the in-vogue concept back in the pre-recession days, but many of those projects ended up being...
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