Rite Aid Shutting 117 Stores
Apr 07, 2009
Rite Aid Corp. is planning to shut down as many as 117 stores over the next year as it tries to cut costs after the drugstore operator's loss more than doubled in the fiscal fourth quarter. The Camp Hill, Pa., company said the closings would be...
S&P Warns of Coming Rating Cuts on Recent CMBS Deals
Apr 07, 2009
Uh oh. This doesn't sound promising. ...
Strange Action on GGP Stock
Apr 07, 2009
General Growth's stock surged big time today at one point hitting $1.36 per share--the first time its stock has traded north of a $1.00 per share since late January. There has also been tremendous volume today on the stock. ...
Ritz Closing 300 Camera Stores and Liquidating Boater's World
Apr 06, 2009
Ritz Camera, which filed for bankruptcy protection in February, has announced its restructuring plan. It includes closing more than 300 Ritz Camera stores as well as liquidating the 120-store Boater's World chain. ...
Surfing at the Mall
Apr 06, 2009
A half-dozen malls across the country are planning to install a huge contraption called the Flowrider in vacant retail space...
More Drama on the Filene's Redevelopment
Apr 03, 2009
A project that has been the subject of some political problems is facing further pressure from Boston Mayor Thomas Menino. ...
Kimco to Sell Shares to Pay Down Debt
Apr 03, 2009
Shopping-center owner Kimco Realty Corp. became the latest real-estate investment trust to attempt to sell a large allotment of...
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