Full CRE coverage of finance and investment in the retail real estate sector, including shopping centers, regional malls, outlet centers and other retail formats.
Trading volume in bearish put options for the consumer discretionary sector spiked recently. Similar skepticism was seen in May when a slew of retailers cut their annual profit forecasts.
Target’s new store in Katy, Texas, covers almost 150,000 sq. ft., compared with the company average of about 130,000. The backroom space devoted to handling online orders for same-day pickup is five times as large as at stores of a similar size.
While Seritage assets are sure to create investor interest, a cloudy economic outlook and tighter financing availability are bound to be major factors in negotiations, market observers say.
Fearful of shortages, retailers including Gap Inc. and Nike Inc. ordered extra and did so earlier than usual, but a combination of poor forecasting and inflation-stung shoppers created massive gluts.
The state accused Albertsons and Kroger in the lawsuit of running afoul of its antitrust and consumer protection laws. Bob Ferguson, the state’s attorney general, plans to file a request for a temporary restraining order to block Albertsons from...
One Shein distribution center, located in Whitestown, Indiana, is already operational and could reduce shipping times by up to four days. It currently has 800 employees, with plans to have 1,000 by the end of this year. A second facility is...
About 37 percent of small businesses, which between them employ almost half of all Americans working in the private sector, were unable to pay their rent in full in October. That’s according to a survey from Boston-based Alignable, a network of 7...
National chains that feature gas stations, like Wawa, 7-Eleven, Shell, Speedway and Cumberland Farms, are attracting a new generation of net lease investors.
The $4 billion dividend “could be a massive improper giveaway to certain shareholders,” Washington D.C. Attorney General Karl Racine said Wednesday on CNBC’s Squawk Box, in announcing that the AGs had asked Albertsons to pause the payout.
