SIMON BUSINESS NETWORK
Nov 01, 2002
As the business-to-business division of Simon Property Group, the nation's largest shopping center developer with more than 240 properties in 36 states, Simon Business Network™ (SBN) prides itself on developing operational programs that save...
INDUSTRY PROS
Nov 01, 2002
Lana Cain Krauter resigned as president and chief merchandising officer of Knoxville, Tenn.-based Goody's Family Clothing Inc. She will continue to assist the company with its recently proposed sale until January 2003. Goody's chairman and CEO...
November 1, 2002
Nov 01, 2002
Equity One to buy IRT
Oct 29, 2002
North Miami Beach-based Equity One Inc. and Atlanta-based IRT Property Co. have entered into a definitive merger agreement, whereby Equity One will acquire IRT. The combined entity would become one of the largest shopping center REITs in the...
Taubman buys outDolphin Mall stake
Oct 28, 2002
As of today, Bloomfield Hills, Mich.-based Taubman Centers Inc. now owns 100% of the Dolphin Mall in Miami, Fla. It acquired Miami-based partner Swerdlow Real Estate Group's 50% interest in the 1.3 million-sq.-ft. value regional shopping center...
GGP hits record FFO,buys LA mega-mall
Oct 28, 2002
General Growth Properties Inc. (GGP) recorded a 14.6% increase in Funds from Operations (FFO) per share for the quarter ended September 30, 2002, hitting a record $1.41 for the period and up from $1.23 in third-quarter 2001...
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Oct 25, 2002
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Will Kohl's "disappoint"?
Oct 23, 2002
Thanks to some stellar results, Kohl's has become one of the best barometers of the retailing landscape. It's publicly traded and carefully scrutinized on a weekly and monthly basis. It has also staked out a unique hybrid market niche -- part...
Target: The hunteris now hunted
Oct 22, 2002
Venerated discount retailer Target Corp. is in for some stiff competition from none other than the world’s largest company — Wal-Mart...
Kmart's reorg set for mid-'03
Oct 21, 2002
Kmart Corp. has reaffirmed its commitment to a "fast-track reorganization" with the objective of emerging from Chapter 11 bankrupty court protection by July 2003. Kmart also reported that its comparable-store sales trend improved significantly in...
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