It's a beautiful spring Saturday 10 years from now. Shoppers are feeling optimistic — after all, the Dow has climbed back over 4,000. America has triumphed over the “Axis of Evil.” So they hop into their hydrogen-powered SUVs — to buy that sofa...
“Soon, you'll see one developer taking out ads against a competitor's project. It's coming.” — Robert Stark, CEO of Woodmere, Ohio-based developer Stark Enterprises.
More than ever, penny-pinching parents are picking up kids clothes at discount stores and mass merchants. That leaves pricier children's specialty apparel retailers to battle for a shrinking customer base. Specialty stores accounted for only 7...
In the 1980s, Providence was a textbook case of urban decay. What a century earlier had been a thriving seafaring and manufacturing town, was rotting at its core. Things began to change with an urban renewal project that restored a paved-over...
Yesterday, the Spiegel Group announced plans to close 13 percent of its Eddie Bauer stores as part of the company’s Chapter 11 restructuring efforts. Twenty eight of the 60 stores to be closed are located in high-end southern trophy malls owned by...
Shopkeepers in Manhattan's Chinatown are asking city government to help rejuvenate retail traffic in their neighborhood, as SARS-wary consumers avoid the district. Though no SARS incidents have been reported in Chinatown, consumers are avoiding...
A lawsuit seeking compensatory and punitive damages was filed today against GNC Franchising, Inc., a subsidiary of General Nutrition Companies, Inc., by New Jersey GNC franchisees and the nationwide GNC Franchisee Association. The primary...
Jones Lang LaSalle is the world’s leading real estate services and investment management firm, operating in more than 100 markets on five continents. Our more than 7,000 employees provide comprehensive, integrated expertise—including management...
New York retail circles are buzzing with news that Home Depot may build two new Manhattan stores -- one at 23rd Street in Chelsea and another at the proposed Pier 40 development near Greenwich Village. And today in Chicago, the Atlanta-based...