Inside the deal: Inland Retail’s $316 million Thomas Enterprises transaction
Feb 21, 2002
Inland Retail Real Estate Trust, a part of Chicago-based The Inland Group Inc., made headlines with its recent purchase of more than 2.9 million sq. ft. of shopping centers from Smyrna, Ga.-based Thomas Enterprises Inc...
Eaton’s name to vanish from Canadian retail scene
Feb 19, 2002
Sears Canada announced it will convert its seven Eaton’s stores to the Sears brand, a move that will eliminate a 133-year-old retail icon from the Canadian market...
Reports: Kmart to release list of store closings by March 11
Feb 19, 2002
Kmart Corp. reportedly plans to release a list by March 11 of the stores it wants to close as part of its ongoing restructuring efforts...
Gap’s stock takes a dive following credit rating downgrades
Feb 15, 2002
Shares of Gap Inc. -- which have fallen by 56% in the past year -- dipped still further today as investors grew more skeptical about the future of the San Francisco-based retailer...
Nordstrom raises its fourth quarter earnings expectations
Feb 15, 2002
Seattle-based Nordstrom Inc. today raised its fourth quarter earnings expectations, citing better-than-expected sales...
Paper: Kmart to close 291 stores
Feb 13, 2002
Citing a list of "unknown origin," The Detroit Free Press reported Tuesday that Kmart Corp. plans to close 291 stores across...
Paper: Kmart to close 291 stores
Feb 13, 2002
Citing a list of "unknown origin," The Detroit Free Press reported Tuesday that Kmart Corp. plans to close 291 stores across...
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