Fung Global researchers found that year-to-date in 2017, store closing announcements in the U.S. increased by 97 percent year-over-year, to 3,296 locations.
Off-price retailers enjoy tremendous loyalty from bargain hunters and they have successfully turned that devotion into one of the strongest sub-sectors of retail operating today.
On the surface, Amazon does not have anything meaningful in common with BJ’s Wholesale Club—or any other wholesale club operator—to support an acquisition.
Despite choppy same-store sales coming in 2016, the current market environment might be just right for ramping up the line-up of restaurant tenants, according to some industry observers.
(Bloomberg)—Apple Inc. is more than doubling the size of its renowned store on Manhattan’s Fifth Avenue, bringing a boost to a retail corridor that’s suffered from Trump Tower congestion and persistently high vacancies in the...
Among the many topics we explored at IREM’s recent fall conference in San Diego was how to optimize mixed-use retail. Outsiders might take for granted the site of first-floor shopping or other amenities in an office or multifamily building...
As retailers that have traditionally served as mall anchors—be they department store chains or big-box players—announced major store closings this year, co-tenancy clauses have become an area of risk in a shaky market...
(Bloomberg)—Members of the billionaire Ghermezian family, who are developing the American Dream mega-mall project in New Jersey’s Meadowlands, and their employees contributed $40,000 to the New Jersey State Republican Committee in May...
