Attention Kmart shoppers: There's another list of possible store closures floating around, and this time, the numbers are getting serious. Up to a third of Troy, Mich.-based Kmart's 1,800 stores -- 565 stores to be more precise -- are itemized on...
St. Louis-based The May Department Stores Co. reported preliminary net retail sales of $925.5 million for the four-week period ended Nov. 2, 2002, a 3.8% decrease from $961.7 million in the similar period last year. Store-for-store sales decreased...
Taubman Centers Inc. set a new record for FFO per share growth in the third quarter and year-to-date periods ended September 30, 2002, news which bodes well for retail REITs...
ARCHITECTS/DESIGN SERVICES ...
To remain profitable in a competitive environment, businesses everywhere recognize the importance of effortless and efficient building operations management. Roth's Facilities Automation Division provides sophisticated, easily interfaced...
New store construction is steadily declining as developers and retailers put the brakes on expansion plans and wait for a stronger economy. In fact, U.S. retail completions were down 5% for August 2002, according to the most recent calculations...
Dr. Seuss has used up two of her nine lives. The 13-year-old cat first was rescued from a shelter, then her owners spent nearly $1,000 to save her from death by diabetes. She's now on a twice-daily insulin regimen. Clearly, pet owners are willing...
ValleyCrest Companies builds, maintains and beautifies some of America's most distinctive landscapes. We are the nation's largest full-service site development and landscape provider. Our projects vary from shopping center and retail developments...
Two recent deals highlight the hot demand for grocery-anchored centers. In late September, Edens & Avant and Samuels & Associates finalized their purchase of 36 shopping centers in New York, New Jersey, Pennsylvania and New England from...
Stability is something investors crave these days. Maybe that explains why so many financiers of grocery-anchored community shopping centers are keeping busy doing construction loans and grocery properties top the shopping list...