Emerging Themes: Concessions, Cutbacks, Development Delays
Mar 02, 2009
Here's a trifecta of stories that illustrates some of the major trends dominating retail real estate right now--leasing concessions, cost cutting and delays in new development. ...
More Closings for Sears
Feb 27, 2009
Sears Holding Corp. Chairman Eddie Lampert sent a 15-page letter to shareholders that, according to the Chicago Tribune, is a bit unorthodox. ...
Is Saks Headed for Bankruptcy?
Feb 26, 2009
The downturn in the luxury segment has been incredibly nasty. So much for the idea that luxury stores were going to hold up better than middle-market retailers. Instead, luxury retailers have been posting negative double-digit same-store sales...
Target Taking Greater Aim at Wal-Mart
Feb 25, 2009
Target Corp. is adjusting its approach in a way that may make the retailer more like successful rival Wal-Mart Stores Inc. Target plans to place greater emphasis on food, health-care products, personal items and other necessities, while offering...
Zale Posts Loss; Will Close 115 Stores
Feb 25, 2009
Zale joins the growing list of retailers undergoing cut backs. The chain says it will shut 115 stores "when the leases mature."...
GGP Posts Gains But Drops Earnings Call and Estimates
Feb 24, 2009
Embattled regional mall REIT General Growth Properties reported its fourth quarter and year-end earnings late last night (the...
DDR Sells Shares to German Developer
Feb 24, 2009
Developers Diversified, which some observers are concerned may face issues with refinancing, has raised some capital by selling...
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