At an investor conference on Thursday, Gap CEO Glenn Murphy announced the company will close 200 of its 900 U.S. namesake stores even as it expands its outlet presence.
Brazil jumped to first place in A.T. Kearney’s annual ranking of the top developing economies for global retail expansion, followed by Uruguay and Chile respectively.
In the May 26 edition of SiteTalk, we asked the question, "Did you attend RECon 2011 in Las Vegas this week? If so, what was your key takeaway from the show?" This is what several readers had to say:
Centro Properties Group said Wednesday that Tuesday Morning stores have recently opened in Centro shopping centers in Pennsylvania and Virginia.
Paster Enterprises announced Wednesday that six new tenants have been secured at the company’s projects throughout the Twin Cities area.
Commercial real estate firm Lee & Associates announced the addition of Robyn Smart as a senior advisor of the Indianapolis office.
Dallas-based SRS Real Estate Partners said that it negotiated a 7,210-sq.-ft. lease for Five Below at Cortlandt Town Center in Mohegan Lake, NY.
Pine Tree Commercial Realty and New York City-based Silverpeak Real Estate Partners announced they have formed a joint venture with the goal of acquiring retail assets and portfolios across the United States.
Jacksonville, Fla.-based Regency Centers said it has leased retail space in Tampa, Fla. at Town Square Center to Great Clips.
Kate Spade New York announced it will open its first full-line, Washington State shop at Pacific Place in August.