NEWS: Rouse's Miami Mall Not Hitting Its Numbers
Apr 1, 2003, Hortense Leon
When the Village of Merrick Park opened last September in Coral Gables, a suburb of Miami, The Rouse Co. had high expectations for the 770,000-square-foot...
War Concerns Cause NRF to Lower 2003 Sales Outlook
Apr 1, 2003, —staff & wire reports
War with Iraq has prompted the National Retail Federation (NRF) to revise its 2003 forecast for GAFS sales (general merchandise stores, apparel stores,...
NEWS: How Retailers Read Consumer Confidence Numbers
Apr 1, 2003, Curt Hazlett and American Demographics staff
These are twitchy times. Consumer confidence reports show that Americans are getting more nervous about their jobs and the economy every month, and one...
SCW FEATURE: Piercing the Gen Y Myths
Apr 1, 2003, By David Sokol
Echo boomers, Gen Y, the Millennial generation. There are as many names for the subset of Americans ages 6 to 25 as there are trends in the hallways of...
Federated to Redevelop Roosevelt Field Anchor Spot
Mar 21, 2003, — staff & wire reports
Federated Department Stores, Inc. plans to redevelop the former Stern's store at Roosevelt Field in Garden City, N.Y., into a Bloomingdale's Furniture...
Retail on the Run
Mar 15, 2003, Beth Karlin
You’ve just missed the 7:30 to Scarsdale and have to wait a half hour for the next train. In the old days, you could have grabbed some coffee and a bagel...
Retail on the Run
Mar 15, 2003, Beth Karlin
You’ve just missed the 7:30 to Scarsdale and have to wait a half hour for the next train. In the old days, you could have grabbed some coffee and a bagel...
Retail on the Run
Mar 15, 2003, Beth Karlin
You’ve just missed the 7:30 to Scarsdale and have to wait a half hour for the next train. In the old days, you could have grabbed some coffee and a bagel...
Federated's New CEO
Mar 5, 2003, —staff & wire reports
Terry Lundgren, president, COO and chief merchandising officer for Cincinnati-based Federated Department Stores, has been elected by the company’s board...
NEWS: JLL is on the Acquisition Trail
Mar 1, 2003
Gregory Maloney took the reins as president of the Jones Lang LaSalle (JLL) Retail Group March 1, succeeding Robert F. Welanetz, who will remain with...
NEWS: Under the Weather
Mar 1, 2003, Brannon Boswell
The busiest sales weekend of February disappeared under piles of snow. The winter storm that blanketed the East Coast on President's Day weekend 2003...
Will Stormy Weather Dampen Sales for East Coast Retailers?
Feb 19, 2003, —staff & wire reports
How is U.S. retail supposed to recover if Mother Nature won't cooperate? Retailers had just finished dressing windows with pre-spring merchandise this...
U.S. Job Market Will Stabilize in 2003
Feb 5, 2003, by Matt Valley
The good news is that the U.S. economy grew at a modest 2.8% clip in 2002, up significantly from the paltry 0.1% growth in Gross Domestic Product (GDP)...
NEWS: Yesterday's Household Names: Today's Walking Wounded
Feb 1, 2003, Brannon Boswell
Last year was a rough one for many retailers. But it left three storied brands Kmart, FAO Schwarz and RadioShack virtually limping into 2003. Once, each...
SCW FEATURE: THE UNITED COLORS OF RETAILING
Feb 1, 2003, By David Sokol
In a nation of immigrants, white is still the predominant color. According to the 2000 census, 75.1 percent of Americans were Caucasian. But minority...
Federated's New Concept:the Rich’s-Macy’s Store
Jan 16, 2003, — staff & wire reports
Federated Department Stores is conducting an experiment in Atlanta. According to a report in The Atlanta Journal-Constitution, the retail chain is closing...
Kmart to shutter 326 stores
Jan 14, 2003, —staff & wire reports
Kmart announced today the specific 326 stores it will close as part of its Chapter 11 restructuring. The closings will hit 44 states, with California,...
More Bad News for Retailers: Rising Rent
Jan 1, 2003, Curt Hazlett
Mall retailers are getting that can't-catch-a-break feeling. With sales just this side of mediocre and the future unclear at best, the last thing they...
Galyan's Courts Mall-phobic Males at Lifestyle Centers
Jan 1, 2003, Brannon Boswell
Do real men shop at lifetyle centers? Galyan's Trading Company Inc. thinks they do. In fact, the Plainfield, Ind.-based sporting goods chain is beefing...
Goodbye Catalog, Hello Mall
Jan 1, 2003
The next wave of mall tenants could be softgoods catalog retailers. That's the prediction of Lois Huff, senior vice president of Retail Forward. In a...
Kmart and Penneys saw more Christmastraffic than rivals, survey says
Dec 26, 2002, —staff & wire reports
Kmart's deep discount sales strategy gave the bruised retailer cause for celebration this holiday shopping season. The chain, which filed for Chapter...
Closed Kmart stores could steal tenants from planned projects
Dec 18, 2002, By Renée DeGross
With another round of Kmart store closings set to begin soon, shopping center execs are already attempting to digest the impact.Some of Kmart's boxes...
It’s official: Kmart is closingmore stores in mid-January
Dec 12, 2002, — staff & wire reports
James Adamson, chairman and CEO of Troy, Mich.-based retailer Kmart, announced yesterday the company will go through another round of store closings next...
Shoppers demonstratedgood will last weekend.But will Black Friday’s celebratory mood last?
Dec 4, 2002, --David Sokol
Black Friday lived up to its name. With ShopperTrak RCT reporting a 12.3 percent rise in sales the day after Thanksgiving when, tradition has it, red...
Gap regroups, but can it last?
Dec 1, 2002, Brannon Boswell
Old Navy is winner of the third-quarter MVP award at Gap Inc. Retail analysts credit the division with driving an unexpected 20% year-over-year sales...
