Retailers Announce Further Layoffs; Institutional Investors Still Love CRE (Friday's News & Notes)
Jan 29, 2010
And the layoffs continue. Struggling book seller Borders became the latest in a string of big chain retailers to announce staff cuts. This should be of concern to retail real estate owners: a recent report by RBC Capital Markets posits that retail...
CRE Bleeding Slows; More Bankruptcies Coming in the Retail Sector (Thursday's News & Notes)
Jan 28, 2010
This might be hard to believe in the wake of Tishman Speyer and BlackRock's handover of New York's Stuyvesant Town/Peter Cooper Village to its lenders, but commercial real estate loans seemed to perform better in the past few months, according to...
One Stop Shopping Coming To a Supermarket Near You
Jan 28, 2010
The country's supermarket operators seem to be following a curious new trend, signing deals for store-within-a-store concepts with businesses hawking real estate and auto insurance. Stop & Shop, for instance, has just signed a deal for 17 ...
Court Orders Joseph Freed To Hand Over Block 37; CRE Positions Remain in Demand (Tuesday's News & Notes)
Jan 26, 2010
And the saga of the Block 37 development in Chicago continues. This week, a Judge ordered developer Joseph Freed & Associates to hand over the keys to the project to the receiver. But wishing to hold on, Freed tries to secure potential...
Beer and Fries
Jan 23, 2010
The No. 2 burger chain in the world might be hoping to become No. 1 with the help of a little booze. Burger King will soon begin offering moderately-priced beer at select locations in the U.S., according to a story in The New York Daily News...
Target's Plans: Renovations, Smaller Stores, Going International
Jan 22, 2010
Target Corp. talked about its plan for the next five to 10 years. The initiatives including spending $1 billion on store renovations, opening smaller stores and expanding into markets including Canada, Mexico or South America. In addition, it is...
January Sales Hold Up; Some Experts Claim CRE Prices Have Hit Bottom (Wednesday's News & Notes)
Jan 21, 2010
It might be a cheerful piece of news, but can we believe it? A Wall Street Journal story looks at the theory that prices on commercial properties are stabilizing and, in fact, might be rising. For an elaborate analysis of this theory and other...
Big-Box Retailers Eye Urban Sites; Potential 2010 Closings (Weekend Roundup)
Jan 19, 2010
One of the emerging stories in retail real estate is that healthy retailers are making moves to grab prime locations that have opened up in urban markets. This is especially true of big box players. A few years ago, cities were blocking these...
The Best of Howard Davidowitz
Jan 16, 2010
Yahoo's Tech Ticker posted a compilation of clips of different interviews they did with Howard Davidowitz in 2009. Howard's someone Retail Traffic talks to as well partly because he's doesn't try to sugar coat anything. He tells you what he really...
Commerce Department Says Retail Sales Tanked in December
Jan 14, 2010
According to the Commerce Department, retail sales were negative in December. This is much bleaker data than the same-store sales comps that came out a week ago. The decline was not what economists had expected. Sales were expected to rise 0.5...
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