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How The World’s Most Expensive Apartment Building Became A Lightning Rod For How We Feel About The Super Rich
News

How The World’s Most Expensive Apartment Building Became A Lightning Rod For How We Feel About The Super Rich

... on to Hyde Park and a short walk from posh department stores Harrods and Harvey Nichols, established developers like Berkeley Homes ... Tony Travers, professor of the London School of Economics Department of Government and director of LSE London. In the case ...

Jan 11, 2021
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shoppers
News

Retail Sales Take Biggest Monthly Drop In A Decade. Should We Be Scared?

... term malaise. For instance, sporting goods, hobby, music and book stores suffered a 4.9% decrease in sales for the month ... particularly susceptible to online competition, with some exceptions. Department stores were another big loser, down 3.3% for the month ...

Feb 17, 2019
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Simon Property Group announced the recently closed former Sears anchor store at the Brea Mall will be converted into a mixed use destination.
News

The Brea Mall’s Sears Will Be Redeveloped Into Mixed-Use

... April 10. It was one of 39 big-box department stores Sears Holdings Corp. closed nationwide due to the ... financial woes.  The Sears was one of five anchor department stores inside the 1.3M SF Brea Mall. Built ... 77 acres and features more than 175 stores.

Apr 16, 2018
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Retail Sales Missed Economist Estimates In September Due To A Drop-Off In Restaurants, Bar Visits
News

Retail Sales Missed Economist Estimates In September Due To A Drop-Off In Restaurants, Bar Visits

A U.S. Commerce Department report found that overall retail sales ... at least two years, according to CNBC. Clothing stores saw sales increase 0.5% after a 2 ... in soft goods segments such as clothing and department stores have fueled the lion's share of negative ...

Oct 15, 2018
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Vacant store, big box, empty, Macy's
News

Emerging Tax Approach Lets Big-Box Retailers Weaponize Vacant Properties

Dark store theory concerns the taxation of big-box stores, department stores and other outlets typically measuring 50K SF or more. The ... tax is assessed using comparables, the argument goes, dark stores ought to be part of that calculation for all retail ...

Nov 15, 2018
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25 Things You Need To Know This Week (Retail)
News

25 Things You Need To Know This Week (Retail)

... Malls In The D.C. Suburbs Looking To Replace Vacant Department Stores Grocery-Anchored Retail Center In Chapel Hill Sells For $51 ... Up Over The Year J.C. Penney To Close 3 Stores Heights Mercantile, Other Houston-Area Redevelopments Sold To Charlotte-Based ...

Jan 11, 2019
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Anchor Closures Have Landlords Eliminating Retailer Escape Clauses
News

Anchor Closures Have Landlords Eliminating Retailer Escape Clauses

... burdens. Though rents continue to come down to keep stores in business, fewer co-tenancy clauses could accelerate the ... Director Kent Percy told Bloomberg. Percy predicted that fewer stores will renew their leases rather than leave themselves without early ...

Jul 08, 2018
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25 Things You Need To Know This Week (Retail)
News

25 Things You Need To Know This Week (Retail)

... To Cease Operations, Liquidate Assets Retail Apocalypse, Mini Department Stores, Tech Giants Change The Face Of Pop-Up Retail ... Home Improvement Business Smart Retailers? They're Shrinking Stores Investors Still Pursuing Grocery-Anchored Shopping Centers But ...

Dec 14, 2018
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IKEA's First Urban-Format U.S. Store Will Be In The Heart Of Manhattan
News

IKEA's First Urban-Format U.S. Store Will Be In The Heart Of Manhattan

... all major issues for retailers across the country. Malls and department stores are all adapting. Target, for example, is opening a ... slew of small-concept stores in urban locations across the country. Walmart is more directly ...

Dec 04, 2018
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16 Things You Need to Know This Morning
News

16 Things You Need to Know This Morning

GGP To Purchase, Redevelop 100 Vacant Department Stores Instead of purchasing any additional prime retail ... on purchasing and redeveloping vacant department stores across the country. GGP has completed 115 department store redevelopments in the last ...

Jun 09, 2017
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