Six Retailers That Are Thriving
Feb 18, 2009
Kiplinger looks at six retailers that are doing well in this remarkably tough climate. ...
Innovation Luggage Files for Bankruptcy
Feb 17, 2009
Innovation Luggage Inc. is packing it up. The retailer, which touts itself as America's largest luggage dealer, filed for Chapter 11 bankruptcy protection Wednesday. The Secaucus, N.J.-based company listed assets between $1 million and $10 million...
Westfield Cuts Hours
Feb 17, 2009
As part of a story about broad retail trends, this St. Petersburg Times story mentions that Westfield is scaling back the hours of operation at its U.S. properties. ...
Microsoft to Open Stores
Feb 17, 2009
In perhaps the most interesting news of the past few days, Microsoft revealed plans to open its own line of stores. Any news of new retail concepts in this environment is welcome news. And given Apple's success, it seems worth it for Microsoft to...
Retailers' Loss of Revenue Hammers City and State Budgets
Feb 17, 2009
USA Today ...
Radio Shack Quietly Tests New Concept
Feb 17, 2009
Here's some potentially good news on the retail front. Radio Shack has quietly tested a new concept that, if successful, could lead to new openings or conversions of older Radio Shacks into the new stores. ...
Stimulus For Atlantic Yards?
Feb 17, 2009
Does a new arena and retail complex count as infrastructure? Brooklyn Borough President Marty Markowitz seems to think so. ...
Geithner's Plan May Not Save Commercial Real Estate
Feb 12, 2009
Treasury Secretary Timothy Geithner's financial stability plan may come too late to rescue the commercial property market, which is following housing into a slump. Lending has dried up as $171 billion of commercial mortgages held by non-bank...
Surprise! Sales Rise in January
Feb 12, 2009
According to the Commerce Department, retail sales rose 1.0 percent in January--ending a string of six straight months of declines. ...
S&K Famous Brands Files for Bankruptcy
Feb 12, 2009
Menswear chain S&K Famous Brands Inc. filed for Chapter 11 bankruptcy protection on Monday, citing operational losses over the past year. The Richmond, Va.-based chain, which sells value-priced clothing in about 136 stores in 23 states...
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