Putting on the Brakes
May 01, 2008
The higher gas prices that have been plaguing U.S. consumers since the beginning of the year have started to affect their shopping habits. In March, U.S. same-store sales registered a decrease of 0.1 percent, the lowest figure in five years...
Easing In
May 01, 2008
U.K. supermarket operator Tesco PLC says it may be too early to start drawing conclusions about the popularity of its new Fresh & Easy Neighborhood Markets stores, the first of which opened about six months ago in California. But, the company...
X-Rated
May 01, 2008
This winter and into the spring, bad financial news piled up like so much cordwood, fueling speculation that the current slowdown could unfold as one of the most serious recessions since the Great Depression. Investors looking for ways to...
DEVELOPMENT BRIEFS
May 01, 2008
Hopkins Real Estate and Rockwood Capital Corp. opened Vernola Marketplace, a 385,000-sq.-ft. retail center in Riverside County, Calif...
A Big Payday
May 01, 2008
Good properties still draw financing. Witness Developers Diversified Realty Corp.'s big package with lenders that led Chairman and CEO Scott A. Wolstein to trumpet the firm's “broad access to numerous capital sources despite the challenges of...
Shakeup at Talbots
May 01, 2008
Talbots Inc. is looking to reinvent itself. Long known as your mother's favorite store, the fashions have become too “dowdy” in the words of new CEO Trudy Sullivan, with recent studies showing that women over the age of 65 saying the clothes are...
Seeing Double
May 01, 2008
When shoppers head to Fair Oaks Mall in Fairfax, Va., they can be excused for feeling a sense of déjà vu as they walk from one end of the mall to other. During their trek they will come across two Macy's. The department stores almost mirror each...
Cash In Political
May 01, 2008
High-end men's clothing shop Heime's Haberdashery soon will be stocking up on white and blue dress shirts, ties and dress shoes. It's not because the St. Paul, Minn. store is having a sale. It's because the Republicans are coming...
Capital Idea
May 01, 2008
The U.S. government may be facing a budget deficit situation but there are other governments around the world that have been busy deploying their surpluses into investments through sovereign wealth funds. At a recent Deloitte & Touche Webinar...
FINANCE BRIEFS
May 01, 2008
Metropolitan Capital Advisors arranged a $29 million mortgage and a $3.25 million mezzanine loan for the acquisition of three Kroger-anchored shopping centers in Ft. Worth, Plano and Crowley, Texas...
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