Full CRE coverage of finance and investment in the retail real estate sector, including shopping centers, regional malls, outlet centers and other retail formats.
Birmingham, Ala. – Saks Inc. recently announced plans to close its 128,000 sq. ft. Saks Fifth Avenue store located in White Plains, New York. The company has reached an agreement to sell the real estate to local retailer, Fortunoff, but will...
New York – In an effort to drive growth and increase profits, locally based Estee Lauder Co. will close 86 of its 170 Tommy Hilfiger fragrance shops in the United States. The cosmetics and beauty-product maker also plans to retool its computer...
LAS VEGAS — Homogenization is what ails the shopping center industry today, according to Gordon Segal, founder and CEO of Crate and Barrel, who shared his company’s success story at the ICSC Spring Convention held here May 20-23. And at the root...
Lakeland, Fla. – Locally based Publix Super Markets, has plans to add 340 stores over the next five years, which is more than a 50 percent increase over its current store base of 648 locations. It is unknown how many of the new locations will be...
Retailers are constantly striving to distinguish themselves from the competition. One way to do this is by targeting a specific audience. With addresses in swank locations such as Beverly Hills, Santa Monica, Santa Barbara and Atlanta's Buckhead...
Making a splash in Las Vegas is no easy task. With erupting volcanoes, dueling pirates and now the entire city of New York splayed out along the city's famous Strip, it takes a really big statement to get noticed. When FAO Schwarz decided to open...
