July 6, 2015

American Apparel on Monday announced it would close some stores as part of a $30 million cost-cutting initiative in its strategic turnaround plan.

June 17, 2015

The 22,000-sq.-ft. Godwin Plaza mixed-use center is to undergo a major renovation and repositioning beginning in the second half of this year.

June 11, 2015

Company veteran Jeff Turnas will serve as president of the new venture, which will debut in 2016 and be based at the company’s Austin headquarters. 

June 8, 2015

X Team International, an international alliance of retail real estate advisors with expertise in more than 45 major markets throughout the U.S. and Canada, announced that partner, Strategic Retail Advisors (SRA), a retail real estate consulting and brokerage firm focused on tenant representation throughout the Northeast, has successfully negotiated a lease on behalf of accessories retailer Charming Charlie.

May 27, 2015

Forever 21 Inc.’s social strategy has always been to mix compelling and creative branding with the ability to directly purchase items.

April 29, 2015

Doug Baker, CEO of environmental technology firm Ecolab, has been named by Target Corp. as lead independent director of the Target board.

April 22, 2015

P.F. Chang’s will be coming to the mixed-use Streets of St. Charles development in St. Charles, Missouri.

April 2, 2015

Despite bad publicity from a March 2015 “60 Minutes” report alleging carcinogenic materials in the laminate of some Chinese hardwood it sells, Lumber Liquidators beat Wall Street sales estimates in first quarter 2015.

March 2, 2015

Shopko on Monday announced plans to open 20 new Shopko Hometown stores in late March.

November 26, 2014

After nearly a decade of stalled growth in the shopping center industry, 2014 finally saw progress being made on the new development front. While it’s true that much of the ground-up construction was of the outlet center ilk, the value sector wasn’t the only new-build push. Mixed-use properties and open-air destinations continue to come out of the ground, albeit stingily, as do hybrid centers that defy current standard definitions.

November 25, 2014

Prolific developer Trademark Property Company is doing its part to ramp up the country’s new development and active redevelopment stats. The Fort Worth, Texas-based firm has five projects under construction:

November 12, 2014

Retail centers typically gauge their success or failure by one, all-important measure: sales per square foot of leasable space.

October 20, 2014
Chicago -- More than 80% of shoppers visit three or more channels to carry out CPG shopping, according to IRI’s new Times & Trend report, “Channel Migration: The Road to Growth Has Many Lanes”.   
October 17, 2014

The Fresh Market celebrated its official opening at The Village At Livingston with “cracking the parmesan,” a centuries-old art and company tradition.

October 15, 2014

Cushman & Wakefield | Commerce has been awarded the leasing assignment for Pawn Plaza in Las Vegas, Nevada.

October 8, 2014

Gap Inc. announced that its chairman and CEO, Glen Murphy, will step down, effective February 1, 2015.

October 2, 2014

The world’s retail capital is turning it up yet another degree, as a hot landmark project geared toward commuters launches development.

September 26, 2014

Brookwood Village, a mixed-use development located in the affluent Mountain Brook and Homewood area of Birmingham, Alabama, announced that the shopping center would welcome Hickory Tavern to its restaurant mix in 2015.

September 26, 2014

The concept of a shopping center as a place where people simply show up to make a few purchases and leave is becoming passé. Increasingly, developers are building mixed-use centers that include residential, office and entertainment components, which turn them more into a consumer home base and less of a functional destination. Add in amenities like town squares, public parks, community gardens and amphitheaters, and the “shopping center” becomes more of an all-around “center” of activity.

Walk this way

June 25, 2014

With buzz phrases like “omnichannel” and “customer disruption” dominating the retail conversation, landlords and tenants attending RECon 2014 in Las Vegas last May made it their mission to ensure that brick-and-mortar remains relevant. ­

June 24, 2014

▲ Understand the assets covered by your leases: Taken together, leases are more than just one of a chain’s largest costs — they are the largest fixed expense, and they are fixed for the long term. As a rule, individual leases average seven to 10 years.

“Understanding that is critical,” said Michael P. Glimcher, chairman and CEO, Glimcher Realty Trust, Columbus, Ohio. “For a cost so large, you should have a strong knowledge about the assets covered by your leases.”

May 2, 2014

Even as the economy continues on a path of slow improvement, brick-and-mortar retailers still find themselves in a real estate market with few vacancies and even fewer new malls under construction. In addition, corporate management remains reluctant to expend any more capital than it feels is absolutely necessary to meet immediate needs.

May 2, 2014

Phillips Edison & Company has grown by acquiring troubled shopping centers in good locations, redeveloping and improving the tenant mix. Over the years, the company has continued to optimize retail property value with its complete operating platform providing a diverse range of retail solutions. Today, the Phillips Edison portfolio contains more than 260 shopping centers across the country. 

March 4, 2014

Remember 2011 and 2012? Back then, the forecasters were saying that the economy would probably be sluggish through 2013. After that, starting in 2014, growth would return.