Redevelopment is going full blast, construction barriers block passageways and dust from drywall is settling in customers' hair. All too often, a messy disruption can wreak havoc, and cost a developer in terms of lost shoppers and angry tenants...
Wal-Mart Stores Inc. has teamed with CITIC Pacific Co. Ltd to ramp up its expansion plans in China. Wal-Mart will open hundreds of stores there in the next five years with backing from its Hong Kong-based partner...
Less than two weeks after video rental leader Blockbuster Inc. launched a hostile takeover bid for Hollywood Entertainment Corp., Hollywood surprisingly accepted a $1.2 billion buyout offer from third-ranked Movie Gallery. Hollywood teamed with...
Westfield Group appears ready to make some big acquisitions, now that it has secured a $4 billion global syndicated line of credit from 34 banks. The Australian-based developer wouldn't comment on plans for the money, other than to say it will be...
For those with retail property to sell, the message is simple: Make sure you understand the dynamics of your investor pool — especially if that pool includes former multifamily investors looking to move into retail. It's likely you will find a...
Troubled toy peddler Toys “R” Us will convert its Union Square store in Manhattan to a Babies “R” Us — that concept's first location in the city. Industry analysts that follow the company, which has been hurt by the rise of discounters Wal-Mart...
Paseo Colorado, a Pasadena, Calif., lifestyle center, has bagged a lucrative promotion deal with E! Entertainment. An urban village in the heart of the city's downtown, Paseo Colorado will be the backdrop for E!'s new lifestyle series, “Fashion...
