Wage War II
Oct 1, 2006
Faced with threats of boycotts by both Target and Wal-Mart, Chicago backed away from a plan that would have mandated a “living wage” for employees of big-box stores...
Chicago Un-Bans Big Boxes
Sep 13, 2006, Elaine Misonzhnik
Faced with threats of boycotts by both Target and Wal-Mart, Chicago has backed away from a plan that would have mandated a "living wage" for employees of big box stores....
The Rite Real Estate Play?
Sep 6, 2006, Elaine Misonzhnik
Drug store operator Rite Aid’s $3.4 billion proposed acquisition of 337 Brooks and 1,521 Eckerd stores is a bold bit to catch industry leaders CVS and Walgreen’s and that could be good news for net lease investors. ...
BARBARIANS AT THE MALL
Sep 1, 2006, By Elaine Misonzhnik
Private equity investors are snapping up retailers - just like 1980s raiders once did. Why it may be different this time....
Tax Holidays Are In
Aug 1, 2006
Four new states are adding sales tax holidays this year, according to CCH, a Wolters Kluwer business, upping the total to 13 states and Washington, D.C....
Michael's Landing
Aug 1, 2006
After less than four months of looking for a buyer, Michael's Stores Inc. agreed to be acquired by Bain Capital and the Blackstone Group in a $6-billion...
Private Pets
Aug 1, 2006
Animal product supplier Petco is set to join a long list of retailers being bought by private equity firms. ...
Saying Goodbye
Aug 1, 2006, Elaine Misonzhnik
Will Lord & Taylor be liquidated? The official word from NRDC Equity Partners is that it will move the chain back upscale....
Airport Retail Takes Flight
Jul 26, 2006
Airport retail has been a growing sector since 2001. Because of heightened security, travelers have to show up at the airport earlier and have more time to peruse in-terminal retail options. That success is now inspiring developers at Dallas/Fort Worth International and Denver International to think big...
Branch Banking Bingo: Consolidation Leaves Stores Vacant for other Retailers
Jul 5, 2006
For years, banks have waged a nationwide race to open up as many bank branches as possible as competitors have tried to one-up each other in building their retail banking business. The top 20 banks in the U.S. alone will open 1,000 new branches in 2006, according to research firm www.bankstocks.com—growing their combined networks by 3 percent. ...
