Sephora kisses Rock Center flagship goodbye
Sep 1, 2002, David Sokol, Associate Editor
French cosmetics and fragrance retailer Sephora, owned by troubled LVMH Mot Hennessy, has assigned the lease from its 21,000-sq.-ft. Rockefeller Center...
Kmart continues regrouping
Aug 19, 2002, by David Sokol, Associate Editor
Closing 283 stores just didn’t cut it — the budget, that is. Almost eight months after filing for chapter 11, Kmart Corp. today announced an initiative...
Ames liquidationwill affect REITs
Aug 14, 2002, — staff & wire reports
Besieged regional discount chain Ames announced today it plans to liquidate and close all of its remaining 327 stores within the next 10 weeks. Competition...
Future of the Department Store
Aug 6, 2002, by Ben Johnson, Editor-in-Chief
When JCPenney left the Florence Mall in Florence, S.C., in 1992, mall owner Edens & Avant didn't scramble to find another department store to fill the...
The Future of the Department Store
Aug 1, 2002, By Ben Johnson, Editor-in-Chief
When JCPenney left the Florence Mall in Florence, S.C., in 1992, mall owner Edens & Avant didn't scramble to find another department store to fill the...
Kmart woes aside,Kimco reports a solidsecond quarter
Jul 30, 2002, — staff & wire reports
Despite significant exposure to bankrupt Kmart’s leases, Kimco Realty Corp. recently announced second-quarter net income rose 2.9% to $61.1 million from...
Home Depot announces$2 billion stock buyback program
Jul 16, 2002, — staff & wire reports
Management at Atlanta-based Home Depot is confident that the company’s stock, which has declined 43% year-to-date, is undervalued. In response to the...
Hollywood Video outsources real estate dept.
Jul 15, 2002, — staff & wire reports
The world’s second largest video chain is getting bigger and it has hired Des Plains, Ill.-based Northwest Atlantic Group (NWAG) to manage the expansion....
Luxe lingers
Jul 2, 2002, by Ben Johnson, Editor-in-chief
Luxury goods purveyors are clinging to hopes of a 2nd-half rebound in fortunes. When the refurbished Yves Saint Laurent Rive Gauche flagship opened on...
luxe lingers
Jul 1, 2002, By Ben Johnson, Editor-in-Chief
When the refurbished Yves Saint Laurent Rive Gauche flagship opened on Fifth Avenue in New York last year, it brought together for the first time under...
