What's Sears Up To?
May 05, 2009
In today's Chicago Tribune, a story looks at Sears' ever changing strategy. Is Edward Lampert thinking excess space? The company apparently is adding staff to its real estate division. The company has 200 million square feet of space. That's a lot...
Catching Up on Store Closures
May 05, 2009
Things were quiet for a while on the store closure front. But last week Jones Apparel Group said it would shutter 225 stores. In more positive news, however, C&S Wholesale Grocers won an auction and will buy all 56 Bruno's locations. Bruno's...
Another CRE-Related Bankruptcy
May 05, 2009
Did General Growth open the floodgates? It's been by far the biggest commercial real estate bankruptcy, but the list of other firms being forced to reorganize is growing. Three subsidiaries of Lauth Property Group are seeking Chapter 11 bankruptcy...
News and Notes
May 05, 2009
Here are some good articles and news items from the past seven days to check out if you haven't already seen them. ...
Playing a Big Game of Catch-Up
May 05, 2009
I've been away for a few days and a lot has happened. I'm going to approach this by doing some longer round-up posts with lots...
Simon Tried to Buy GGP Malls
Apr 28, 2009
Whoa. This is really interesting. CEO David Simon was speaking at an industry event yesterday and revealed that Simon tried to...
Some Owners Hold the Line on Concessions
Apr 27, 2009
From Reuters Shop Talk blog. DDR COO Daniel Hurwitz says some retailers are exaggerating how well they're doing in getting...
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