Retailers Look to Gift Cards, Post-Christmas Sales to Save the Season
Dec 28, 2006
The holiday shopping season limped across the finish line last week. When the final numbers are tallied, it looks like retailers will rack up about a 2.75 percent gain in same-store sales—far off the 3 percent to 7.5 percent many experts predicted...
Housing Bubble Taking Toll on Home Improvement Chains
Dec 20, 2006
The aisles at home improvement giants Home Depot and Lowe’s are featuring a lot of items you probably wouldn’t expect. This year, they’re stocking shelves with plasma televisions, digital cameras, and even Christmas CDs...
Canada's Mega-REIT Has Funds, Will Travel
Dec 13, 2006
RioCan Real Estate Investment Trust, the largest Canadian REIT, is joining the move by Canadian investors into the U.S. market. The Toronto-based company is launching a $1.5 billion joint venture with Ramco-Gershenson Properties Trust, which owns...
Atlantic Yards So Close, Yet So Far
Dec 13, 2006
Forest City Ratner’s controversial 22-acre Atlantic Yards mixed-use project in the heart of downtown Brooklyn cleared another hurdle last week. On Dec. 8, the Empire State Development Corporation, New York’s economic development agency, approved...
Gazit, Mills Reach Deal on Board Nominations
Dec 06, 2006
After a bit of arm-twisting from Gazit-Globe Ltd., the Mills Corp. announced new nominations to its board of directors on...
Defining Mixed-Use
Dec 06, 2006
You say po-tay-toe, I say puh-tah-toe. In the past few years, as the idea of mixed-use development has gained cachet among...
Private Equity Dominates ICSC New York Chatter
Dec 06, 2006
The issue of privatization—both for retailers and real estate companies—has been a dominant theme at the New York National...
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