04/10/2012 - 9:33am

Indianapolis-based Simon Property Group and Calloway Real Estate Investment Trust, Toronto, announced that they will launch construction on Canada’s first upscale outlet center on April 25.

04/10/2012 - 9:24am

Indianapolis-based Simon Property Group and Latin American retail real estate company BR Malls Participacoes S.A. announced Tuesday that they signed a 50/50 joint venture agreement to develop and own outlet centers in Brazil.

04/10/2012 - 9:20am

Supervalu Inc. reported that it swung to a loss of $424 million in the quarter ended Feb. 25, compared with a $95 million gain a year earlier.

04/09/2012 - 3:58pm

Japanese apparel retailer Uniqlo will open its first store on the West Coast, in a 29,000-sq.-ft. space in San Francisco, this fall, the Wall Street Journal reported.

04/09/2012 - 3:53pm

CIM Group announced the acquisition of Block 37, a five-story retail center located on the State Street retail corridor in Chicago’s Central Loop.

04/09/2012 - 3:51pm

The average vacancy rate at strip malls across the United States edged down for the first time in nearly seven years in the first quarter, falling to 10.9% from 11% in the prior quarter, according to preliminary data by real-estate research company Reis Inc., Reuters reported.

04/06/2012 - 9:41am

Bloomington Hills, Mich.-based mall owner Taubman said that it has broken ground on a high-end outlet mall in Chesterfield, Mo., in suburban St. Louis.

04/05/2012 - 11:34am

Bed Bath & Beyond Inc.’s profit in the fourth quarter rose to $351.0 million, from $283.5 million a year ago.

04/05/2012 - 9:32am

Costco Wholesale Club said it plans to open up to an additional eight warehouses prior to the end of its fiscal year on September 2, 2012.