Jo-Ann Stores announces new $365 million credit facilities
May 2, 2001, Misty Milioto
Hudson, Ohio – Locally based Jo-Ann Stores Inc. entered into new four-year $365 million senior secured credit facilities, financed by Boston-based Fleet...
HOT TOPIC: Opportunity knocks
May 1, 2001, Cristina Gair
In an opportunistic move, Kimco Realty Corp. secured the winning bid in an auction for the asset designation rights for 315 Montgomery Ward locations....
HOT TOPIC: The young ones
May 1, 2001, Patti Connor
In an industry dominated by the old guard, a new generation of executives under 40 is making its mark. Whatever else might be said, one thing's for certain:...
RETAIL REPORT
May 1, 2001
Sales figures of major retailers For March 2001 Company Name Month 01 Full $ Month 00 Full $ Month 01 Full % Month 01 Comp% Month 00 Comp % Specialty...
FRANCHISING: The franchise advantage
May 1, 2001, Michael Fickes
Shopping centers attract three categories of tenants: national retailers, small independent operators (often referred to as mom-and-pops) and franchises....
Kmart revives BlueLight Specials
Apr 13, 2001, Misty Milioto
Troy, Mich. – Locally based Kmart is resurrecting its signature BlueLight Special discounts, effective immediately. The Specials will occur on the hour...
Chicago-area shopping center vacancy rate increases
Apr 6, 2001, Misty Milioto
Chicago – According to a survey conducted by Los Angeles-based CB Richard Ellis Inc., the vacancy rate for Chicago-area shopping centers increased nearly...
Moody’s lowers J.C. Penney ratings
Apr 6, 2001, Misty Milioto
New York – Moody’s Investors Service lowered the long- and short-term ratings of Plano, Texas-based J. C. Penney Co. Inc. The lowered ratings were based...
Retail vacancy rate held constant in central N.J.
Apr 4, 2001, Misty Milioto
Old Bridge, N.J. – Locally based R.J. Brunelli & Co. recently conducted its 11th annual survey of the central New Jersey area. According to the survey,...
Bad customer service drives shoppers away from stores
Apr 3, 2001, Misty Milioto
Ridgewood, N.J. – According to a national telephone survey of more than 1,000 consumers, locally based MOHR Learning found that more than 20 percent of...
Finard & Co. reports a declined vacancy rate in greater Hartford, Conn.
Apr 2, 2001, Misty Milioto
Burlington, Mass. – Locally based Finard & Co. LLC released its fourth annual report on the state of retail real estate in the greater Hartford area....
Department stores' uneven decline
Apr 1, 2001, Michael Fickes
The decline of department stores has affected virtually every store name in the market in recent years. As noted in a recent report by PricewaterhouseCoopers,...
HOT TOPIC: Doom to boom?
Apr 1, 2001, Michael Fickes
"Many department stores are doomed," says R. Fulton Macdonald, president and CEO of International Business Development Inc., a New York-based consulting...
RETAIL REPORT
Apr 1, 2001, businesswire.com
CLICK HERE to download the Adobe PDF file for this story....
Kmart names new president and COO
Mar 16, 2001, Misty Milioto
Troy, Mich. – Locally based Kmart Corp. named Mark S. Schwartz as president and COO of the company, effective immediately. Schwartz joined Kmart in September...
HOT TOPIC: So long percentage rents?
Mar 1, 2001, Michael Fickes
Last year, retail industry leaders detected a potential crack in traditional lease structures that combine fixed and percentage rents. In interviews with...
RETAIL REPORT: Sales figures of major retailers
Mar 1, 2001
CLICK HERE to download the Adobe PDF file...
Federated converting Stern’s division to Macy’s, Bloomingdale’s
Feb 9, 2001, Misty Milioto
Cincinnati – Locally based Federated Department Stores Inc. plans to close and convert a majority of its Paramus, N.J.-based Stern’s department stores...
HOT TOPIC: Bogged down
Feb 1, 2001, Rob Johnson
New wetlands regulations can affect your developments. Find out what you need to know to protect yourself....
HOT TOPIC: How will Wards' demise affect the industry?
Feb 1, 2001, Steve Webb
Chicago - Montgomery Ward's decision to close all 250 of its stores may have been a gloomy way to ring in the New Year, but retail analysts and owners...
2001 industry forecast
Dec 1, 2000, SHOPPING CENTER WORLD STAFF
Leaders in retail real estate cautiously predict an optimistic future.The past year in retail real estate brought more than its share of surprises - movie...
Federated Department Stores
Oct 1, 2000, SHOPPING CENTER WORLD STAFF
Cincinnati-based Federated Department Stores, Inc. announced that David L. Nichols, former chairman and CEO of Mercantile Stores, will become president...
The State of the Industry
Aug 1, 2000, Allyson H. Sicard
Buying and selling properties has always played a major role in the shopping center industry, but the velocity of these multimillion-dollar transactions...
The State of the Industry
Aug 1, 2000, Brannon Boswell
The results of Shopping Center World's 15th annual ranking of the Top 50 Shopping Center Managers are in, and it seems the big are still getting bigger....
The State of the Industry
Aug 1, 2000, Brannon Boswell
Though the lending game remains the same in 2000, many of the players have changed. SCW's third annual ranking of the Top Retail Lenders is proof enough.Whether...
