Kohl’s vs. JCPenney: A Store-Opening Contest to Capture the Middle Market
Oct 18, 2006, Elaine Misonzhnik
On Oct. 5, Kohl’s Corp. opened 65 new stores. The following day, J.C. Penney Co. opened 20 new locations of its own. In both cases, the moves represented company records for the largest one-day rollout. ...
Business CASUAL
Oct 1, 2006, By Elaine Misonzhnik
Lifestyle centers have been a whopping success in no small part due to the popularity of their dining offerings. Today, developers are rushing to build more of these restaurant-heavy properties...
Retail Rents Climb
Oct 1, 2006
Although volatile gas prices, rising interest rates, the cooling housing market and slow job growth are conspiring to create a rocky retail environment, owners are still pushing for higher rents in the sector...
The Rite Play
Oct 1, 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 bid to catch industry leaders CVS and Walgreen's and that could be good news for net lease investors...
UK Giant Tesco Tiptoes into U.S. Supermarket Wars
Sep 28, 2006, Elaine Misonzhnik
Tesco is the fourth largest retailer in the world and operates more than 2,500 stores in 13 countries, but this is the fist time in its 97-year history that it has attempted to penetrate the U.S. market. ...
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. ...
A BIG-BOX BAN
Sep 1, 2006, Elaine Misonzhnik
A new law in Chicago could slow the city's urban retail development...
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....
Where's the Consumer Going?
Sep 1, 2006, David Bodamer
Has the consumer left the party? That is the question that hangs over the U.S. economy and the retail real estate business today. ...
Wal-Mart's Woes
Sep 1, 2006, Elaine Misonzhnik
Wal-Mart's troubles in Germany and South Korea have hurt the retailers profits...
Wal-Mart Hits Global Pothole
Aug 2, 2006, By Elaine Misonznik
To all the retailers that compete with Wal-Mart the news that it is giving up on its eight-year struggle to conquer the German market may induce a bit a schadenfreude—sometimes even the behemoth of Bentonville doesn’t stroll into town and pick up all the marbles. ...
Federated Sells 20 Stores
Jun 1, 2006
Federated Department Stores sold 20 locations in early May, putting it more than halfway to its goal of shedding 80 units that were made redundant by...
Federated Sells 20 Stores to Macerich and Simon
May 3, 2006
In the past three days Federated Department Stores has agreed to sell 20 stores, putting it more than halfway to its goal of shedding 80 stores that were made redundant by its merger with May Department Stores. Simon Property Group and Macerich Co. will take over nine and 11 stores, respectively....
Martha and Macy's: A Good Marriage?
May 1, 2006, Beth Karlin
Martha Stewart is moving up town - to Macy's...
When Sales Fall
May 1, 2006, By Jennifer Popovec
If retail sales slump, there are alternatives for filling space in shopping centers...
Twilight of the Middle Class
May 1, 2006, By Anne Field
What happens when the customers who have defined the shopping center business face a future of diminishing expectations and shrinking economic power?...
Grocery Wars
Apr 1, 2006, By Meg Richards
The supermarket shakeout is creating a strong class of new alternative grocers...
Once More Into the Breech
Mar 8, 2006
Sears Holdings, which was created by the November 2004 $11 billion acquisition of Sears, Roebuck & Co. by Kmart, is said to be tightfisted in negotiating a new contract with her. (The merger closed March 24, 2005.) The Chicago Tribune reported that Sears Chairman Edward Lampert, a multimillionaire former hedge fund manager who orchestrated the takeover, wants the household diva to accept less money while expanding her Kmart license to include Sears stores. ...
Boscov's Beefs Up
Mar 1, 2006, By David Koch
Regional department store Boscov's buys 10 Federated stores in a bid to expand its presence in the mid-Atlantic...
Filling the Federated Gap
Mar 1, 2006, David Bodamer
Federated Department Stores surplus of 84 stores is rapidly diminishing with buyers coming from all corners. ...
Food Fight
Feb 1, 2006, David Bodamer
Just as the Sears/Kmart and Federated/May mergers underscored the diminishing role of department stores (and therefore danger signs for the traditional...
Mega-Albertson's Deal Redraws Industry Map
Jan 25, 2006
Just as the Sears/Kmart and Federated/May mergers underscored the diminishing role of department stores (and therefore danger signs for the traditional mall), the proposed $17.4 billion buyout and break up of Albertson's Inc., has similar implications for strip centers. Moreover, the presence of Kimco Realty Corp. in the deal continues a company trend in profiting from a distressed retailer's real estate. ...
NY Transit Strike Pinches National Chains
Dec 22, 2005
New York retailers are preparing for a grim holiday season, as the city's transit workers remain on strike for the second day -- with no new talks scheduled between the Transport Worker's Union and the Metropolitan Transit Administration. If the walkout continues through Christmas, December sales could take a hit, analysts say. ...
