Weather conditions ideal for back-to-school retail
Aug 27, 2003
Weather consultant firm Planalytics predicts an exciting back-to-school season for retailers. According to their forecasts, positive factors, at least...
Shops At Briargate Opens In Colorado
Aug 20, 2003
Poag & McEwen's latest lifestyle center, Shops at Briargate, opened to much fanfare last week on the north side of Colorado Springs, Colo. The 230,000-square-foot...
Blackout Not A Big Deal For Most Retailers
Aug 20, 2003
The great blackout of 2003 may put a damper on the back-to-school season for some already-troubled teen stores, but the impact will be minimal for the...
July Sales: Gap A Winner; Limited Too A Loser
Aug 13, 2003
Same-store sales surged in July for many retailers. Others were left in the dust. Gap Inc. sales were up 9 percent, Neiman Marcus Group sales were up...
Department Stores Down And Out
Aug 6, 2003
You've heard it before, but now there's startling new data on the rise of the off-the-mall discounter. According to a study conducted by retail consultant...
Mills Buys Great Mall of Bay Area For $265.5 Million
Aug 5, 2003
Mills Corp. announced it is buying Silicone Valley, Calif.'s Great Mall of The Bay Area from Swerdlow Real Estate Group. The $265.5 million deal will...
Who'll Take Lord & Taylor's Vacant Stores?
Jul 31, 2003
Thousands of square feet of vacant, Class-A mall anchor space are up for grabs now that May Co. has announced plans to close 32 of its Lord & Taylor stores....
CBL goes bi-coastal
Jul 30, 2003
CBL & Associates is following its manifest destiny with plans to develop its first West Coast mall. The Chattanooga-based REIT is joint venturing with...
General Growth Same-Store NOI Up 6.5 Percent
Jul 30, 2003
Chicago-based General Growth Properties reported a 6.5 percent increase in second-quarter, same-store NOI on top of an industry-leading 6.4 percent increase...
NRF Predicts Strong Start to Second Half
Jul 30, 2003
Retail business showed signs of improvement in July, and the six-month-ahead sales outlook is optimistic, according to the National Retail Federation...
CB Richard Ellis and Insignia Merge
Jul 24, 2003, Brannon Boswell
CB Richard Ellis announced today the completion of its acquisition of Insignia Financial Group, marking one of the biggest mergers in commercial real...
Prime Retail sells for $638 million
Jul 9, 2003, Brannon Boswell
The Lightstone Group LLC, a private New Jersey-based real estate company, has entered into an agreement to buy Baltimore-based Prime Retail for $638 million,...
Grocers to get tough with unions
Jul 9, 2003, Brannon Boswell
In the next few weeks, U.S. grocery chains will begin renegotiating key labor union contracts. Albertson's, Kroger and Safeway are expected to get tough...
Simon pays $333 million for Stanford Shopping Center
Jul 2, 2003, Brannon Boswell
Simon Property Group is buying San Jose, Calif.'s Stanford Shopping Center for $333 million. According to Deutche Bank Securities, that equates to $256...
SuperValu to buy Dominick's for $480 million, reports say
Jul 2, 2003, Brannon Boswell
SuperValu will soon be the owner of troubled Chicago grocery chain Dominick's, according to this weekend's Crain's Chicago Business, which cited unnamed...
