The retail sector's had some big news this week. Here are 10 top stories to keep you in the know.
1. Retail sales rose by 0.1% in September. Awkward, because economists predicted 0.2%. [WSJ]
2. The world's largest retailer, Walmart, announced that it expects profits to fall in the next fiscal year. [The Guardian]
3. NYC's Williamsburg in Brooklyn is becoming too trendy. Retail rents are the highest in the big borough. [DNAInfo]
4. As retailers look towards urban markets, what does this mean for current lease arrangements? [GS]
5. Facebook adds a new shopping feature to try its hand at retail influence. Again. [Bisnow]
6. Handy advice for international retailers wanting to break into the US market from JLL's Naveen Jaggi. [Bisnow]
7. The retail sales growth may have been disappointing, but some analysts think retail recovery is actually strengthening. Talk about glass half full. [GS]
8. Department store chain Neiman Marcus has delayed its IPO until next year. [NASDAQ]
9. Here are 20 franchises set to take over the consumer industry next year. [BI]
10. On that note, here are the five restaurants that'll take over the industry. Ready to open up shop? [BI]
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