DOWN SIZED
Jul 01, 2004
In a stealth development program involving only a few executives, Office Depot quietly reinvented the office supplies retail model. The first of its Millennium 2 format stores, which the chains says are less expensive to open, more efficient to...
A SALE-LEASEBACK DEAL FOR HOME DEPOT?
Jul 01, 2004
Home Depot is pondering a sale-leaseback of half of its 1,468 owned stores. The Atlanta-based chain currently owns 86 percent of its store real estate, and might partner with a large insurance company or bank on the deal. The transaction could...
Revitalizing Spokane
Jul 01, 2004
Stand inside River Park Square's five-story glass atrium on a Friday night and you'll see long lines at the AMC 20 Theatres and hear laughter spilling from standing-room-only Twigs Bistro & Martini Bar...
The Paycheck Report
Jul 01, 2004
That long awaited pay raise may be just around the corner for many retail real estate executives, according to a just-released survey by Specialty Consultants Inc. (SCI) of Pittsburgh. In fact, industry compensation packages are up 4.6 percent...
WELCOME TO ARHAUS
Jul 01, 2004
Looking for a new La-Z-Boy? You won't find it at Arhaus. In fact, you won't find any brand name furniture at this upscale furniture retailer. The Cleveland-based chain specializes in one-of-a-kind items and works with skilled artisans from...
TRAFFIC PATTERNS
Jul 01, 2004
SHOWERS AND GROWERS ...
Corrections
Jul 01, 2004
Estimating foot traffic is at best a difficult task. Thus, we strive to publish ranges rather than absolute numbers and will do so in future reports. We have received more accurate information from Ann Natuniewicz at Mills Corporation in regards...
FROM HAUTE COUTURE TO H&M
Jul 01, 2004
Fan-wielding fashion designer Karl Lagerfeld signed a deal last month to create a line of clothes for Swedish clothing chain H&M. Known for his ultra-pricey designs for Chanel and Fendi, the German-born Lagerfeld is the latest high-fashion...
British Invasion
Jul 01, 2004
British cosmetics company Lush announced plans to open 15 new stores in major U.S. cities such as New York, Boston, Chicago and Orlando, Fla. Lush currently operates four locations here. The company hopes to have 50 U.S. stores by 2008 for its...
MR. ICSC DIES AT 88
Jul 01, 2004
The shopping center industry lost a legendary figure in June. Albert Sussman, the consummate entrepreneur and former ICSC executive vice president, died at the age of 88...
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