February Same-Store Sales
Mar 05, 2009
February looked better than previous months. According to ICSC's index, same-store sales were down 0.1 percent (pdf, membership req.) according to its index of 35 chains. Meanwhile, Retail Forward's look at the numbers indicates a 0.4 percent rise...
Beige Book: Commercial Real Estate "Weakened Considerably"
Mar 05, 2009
The latest Beige Book is out. Here's an excerpt from the summary. ...
All Six U.S. Virgin Megastores to Close
Mar 04, 2009
This is amazing to me, as a New York resident. We lost Tower Records and now both Virgin Megastores will go. There remain an abundance of great local music stores. But it's unbelievable that there won't be any big places to buy CDs in New York...
GGP Reportedly Getting Bids for Properties
Mar 04, 2009
Bloomberg has the skinny on General Growth potentially selling some of its assets for about $400 million. ...
Tenant Troubles at the Plaza
Mar 03, 2009
Another day, another story about retail tenants demanding a break. This time it's at the Plaza Hotel in New York. A few years...
Starbucks Tries to Shift Image with Low Cost Items
Mar 03, 2009
The New York Times reviews the latest Starbucks strategy--$3.95 breakfasts that include coffee and an egg sandwich--as the firm...
Department Stores Losing Jewelry Sections
Mar 03, 2009
Boston Store, Macy's and other department store chains around the country are losing their fine jewelry departments because the...
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