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- A&P Mulls Selling Food Emporium Chain
(The Wall Street Journel - 9/2/2010) The supermarket operator has publicly said it will consider the sale of "non-core assets" as it looks to improve its liquidity. (full story)
- Pantry to buy 47 stores; names ex-Borders exec CFO
(Reuters - 9/2/2010) CStore operator Pantry Inc said it is buying 47 stores from privately held Presto Convenience Stores LLC to expand its geographic footprint. (full story)
- Burger King Holdings in advanced talks to sell.
(Reuters - 9/1/2010) The second-biggest U.S. hamburger chain has underperformed McDonald's Corp and other fast-food chains. (full story)
- Developers hope to build Okolona shopping center
(Courier-Journal.com - 9/1/2010) Firm hopes to sign the first contracts for tenants in the new shopping center and begin construction within the next year. (full story)
- San Diego Albertsons Store to Generate Clean Power On-Site
(DDI Magazine - 8/31/2010) Store will be one of the first in California to generate nearly 90 percent of its electricity from fuel cell technology. (full story)
- Franchising is Still the Way to Grow
(QSR Magazine - 8/31/2010) Restaurant chains still consider new franchise agreements to be a main avenue for growth, says a new report. (full story)
- West 49 sale to Billabong closes
(Financial Post - 8/31/2010) A subsidiary of Australian-based Billabong International Ltd. has completed its acquisition of clothing retailer West 49 Inc. for a cash purchase price of $1.30 a share.
(full story)
- Surprise, surprise, a discount retailer is doing well
(Reuters - 8/31/2010) Check out the strong quarterly profit at discount retailer Dollar General. (full story)
- Calloway REIT said it agreed to buy two new Wal-Mart anchered centers.
(Reuters - 8/31/2010) Calloway had said in February that it would add at least seven Wal-Mart supercenters to its portfolio this year. (full story)
- Nigel Travis Talks Dunkin’s Strategy
(QSR Magazine - 8/31/2010) CEO Nigel Travis is taking Dunkin’ Donuts from a New England treat shop to an international coffee chain. (full story)
- Simon Closes Purchase of Prime Outlets
(The Wall Street Journel - 8/30/2010) Simon Property Group Inc., the nation's largest mall owner, said Monday that it closed on its acquisition of Prime Outlets Inc. (full story)
- CBL Joins Ranks of Geo-retail App Providers
(VOX Marketing - 8/30/2010) CBL & Associates Properties is the latest example, partnering with mallMerlin LLC to provide a mobile shopping application. (full story)
- Fashion Retailers Flock to Times Square
(The Wall Street Journel - 8/30/2010) New stores that cater to price-conscious shoppers have been mushrooming in the area. (full story)
- Private equity firm buying Logan's Roadhouse chain
(Dayton Business Journal - 8/30/2010) Private equity firm Kelso & Company has agreed to buy the Logan's Roadhouse restaurant chain.
(full story)
- Hugo Boss Sees Sales Rebound Gathering Pace as U.S. Strengthens
(Bloomberg - 8/29/2010) Hugo Boss AG’s sales rebound will gather pace in the second half of 2010 as its U.S. business benefits from a shift by customers toward less-expensive luxury items. (full story)
- North Jersey retail vacancy rate remains high, despite leasing activity
(New Jersey Media Group - 8/27/2010) That said, he was quick to add that the vacancy rate in New Jersey is "much lower than the rest of the country". (full story)
- Jo-Ann Stores to Add 50 New Stores
(Yahoo - 8/26/2010) Shares of arts-and-crafts emporium Jo-Ann Stores Inc. soared Thursday. (full story)
- Blockbuster plans bankruptcy filing
(Toronto Star - 8/26/2010) Blockbuster Inc is preparing to file for bankruptcy protection next month. (full story)
- Dunkin’ adds 338 stores in 1st half of year
(The Boston Globe - 8/26/2010) Dunkin’ Donuts quickened the pace of new store openings this year, with 338 net new locations unveiled worldwide during the first six months, compared with just 175 new shops during the same period last year. (full story)
- Goodwill becomes a force on the retail scene
(ajc - 8/26/2010) Goodwill stores are flourishing. So much so that Goodwill is opening new outlets across metro Atlanta -- and even in some well-to-do markets. (full story)
- The Retailer's Clever Little Helper
(Bloomberg - 8/26/2010) The battle between online and brick-and-mortar retailers has, until now, been a lopsided fight. (full story)
- How Gap's 'Groupon' Went Crazy Viral
(Clickz - 8/25/2010) The Gap's special last Thursday on Groupon went viral and was wildly purchased, but it wasn't merely due to the lucrative 50 percent discount offer. (full story)
- Target aims for a bigger piece of the consumer-electronics market
(MPR News - 8/25/2010) Target is aiming to get more of a charge out of the consumer electronics business. (full story)
- U.S. stores look north for school sales
(Financial Post - 8/25/2010) U.S. retailers are hoping to cash in on what’s expected to be a solid back-to-school season in Canada.
(full story)
- GameStop debuts a “store of the future” as online threat looms
(GamesBeat - 8/24/2010) The new store is a model for how GameStop will marry online games with packaged goods (full story)
- Brookfield to run General Growth spinoff
(Dow Jones Newswire - 8/24/2010) General Growth Properties Inc. has struck a deal for Brookfield Advisors LP to manage the new real-estate company it plans to spin off when it exits Chapter 11 protection. (full story)
- Costco Sees Malls As The Next Way To Grow Business
(The Wall Street Journel - 8/24/2010) Costco Wholesale Corp. (COST) is taking on the role of mall anchor, moving into spaces once occupied by department stores that for decades reigned as the retail centers' big draws. (full story)
- Florida's shopping center industry starting to see turnaround in the market
(St Petersburg Times - 8/24/2010) Rents continue to slip and the vacancy rate keeps rising, but the mood was nonetheless upbeat. (full story)
- Target 'reinvents' 5 Colorado stores
(Denvor Business Journetl - 8/24/2010) The store "reinventions" are intended "to further deliver one-stop shopping convenience for guests," the Minneapolis-based big-box retailer said in a statement.
(full story)
- Inside the secret world of Trader Joe's
(CNN Money - 8/23/2010) Apple's retail stores aren't the only place where lines form these days. (full story)
- Urban Retail Adds Five Mall Properties
(GlobeSt - 8/23/2010) Urban Retail Properties LLC’s third-party management division has taken on two mall portfolios totaling about 3.5 million square feet. (full story)
- Big-box competition forces malls to shape up
(The Globe and Mail - 8/23/2010) A dynamic mix of retail is the key for dying centres that have lost sight of who their ideal customers should be.... (full story)
- Why Staples has the upper hand on its competitors
(The Globe and Mail - 8/23/2010) Flat second-quarter sales mask some promising numbers - like a 40-per-cent profit increase. (full story)
- Malls adapt to changing retail landscape
(The Times Leader - 8/22/2010) Both Lackawanna County malls - the Viewmont Mall in Dickson City and The Mall at Steamtown in Scranton - have been challenged by the recession and have succeeded to varying degrees. (full story)
- Marsh Supermarkets taken off the market
(IBJ - 8/21/2010) The parent company of Marsh Supermarkets plans to continue investing in the local grocery chain after it failed to find a buyer. (full story)
- Profiling the Value Retailers
(WWDRetail - 8/20/2010) Stores, like people, have personalities. Whether that personality determines the customer, or the customer the personality, is one of those chicken versus egg questions. (full story)
- Shopping center back from the dead
(Sacramento Business Journal - 8/20/2010) Rocklin’s huge Blue Oaks Town Center is making a comeback after nearly being lost to foreclosure.
Read more: Shopping center back from the dead - Sacramento Business Journal
(full story)
- Area retail vacancies continue to decrease
(The Columbus Dispatch - 8/20/2010) A few more storefronts in central Ohio were filled during the first half of the year, but the rising retail occupancy rate is more an effect of the lack of new construction than a robust economy. (full story)
- Krispy Kreme on Comeback Trail.
(The Globe and Mail - 8/19/2010) Doughnut maker is writing a new chapter, largely out of Wall Street’s eye: a profitable and growing restaurant company. (full story)
- Bed, Bath & Bribes
(Foreign Policy,US - 8/19/2010) KEA's struggle to do business in Putin's Russia. (full story)
- Edmonton gets Canada’s first Victoria’s Secret
(Times Colonist - 8/19/2010) For hundreds of shoppers who lined up outside Canada’s first Victoria’s Secret, the wait is over. (full story)
- Pent-Up Capital Generates ‘Ferocious’ Competition for Core, Distressed Shopping Centers
(CoStar Group - 8/18/2010) While still a far cry from the avalanche some predicted would hit the market a year ago, distressed shopping malls and strip centers have contributed to a marked increase in retail sale activity this year (full story)
- General Growth: Blackstone to invest $500M
(The Seattle Times - 8/18/2010) Asset manager Blackstone Group has agreed to invest about $500 million for shares in General Growth Properties Inc. once the shopping mall operator emerges from Chapter 11 bankruptcy protection. (full story)
- Lehman Brothers Back From Dead With New Real Estate Operation
(The Market Financial - 8/18/2010) If there is one financial firm that remains inseparable from the real estate calamity of the last two years, it's Lehman Brothers. (full story)
- Clean Bill of Health for Regional Mall REITs in Second Quarter
(Retail Traffic - 8/18/2010) Fundamentals continued to improve for regional mall REITs during the second quarter of 2010, leading analysts to conclude that the sector had largely shaken off the aftereffects of the recession. (full story)
- Tanger building $60 million outlet center.
(Winston-Salem Journal - 8/18/2010) As many retailers across North Carolina try to recover from the recession, a sign of optimism is taking shape in Mebane. (full story)
- US Stocks Move Higher On Positive Retail News
(The Wall Street Journel - 8/18/2010) Stocks reversed their morning losses as investors saw encouraging signs from the retail sector, though major energy stocks dragged on the market. (full story)
- July Retail Sales Increase 3.1%
(TransWorld Business - 8/18/2010) The National Retail Federation reported that July retail sales climbed 3.1% unadjusted year-over-year, but decreased by 0.2% seasonally adjusted month-to-month. (full story)
- Plans for new malls may signal a retail revival
(The Miami Herald - 8/18/2010) Developers hope the time is right to start building new shopping centers. Key will be making the economics of the deals work in this new economy.
(full story)
- Retailers Are Sold on Frugality
(The Wall Street Journel - 8/18/2010) Store Chains Take Cue From Shoppers As They Brace for Rough Second Half (full story)
- Retailers look to exploit mobile app opportunities
(GSM Media - 8/18/2010) Retail chains in the US and the UK have launched mobile apps for consumers. (full story)
- Glentel Sets Up Shop in the U.S. for US$50.45M
(MarketNews - 8/18/2010) Glentel has agreed to purchase U.S. retailer Diamond Wireless, LLC for US$50.45 million. (full story)
- Retailers Are Fighting Back Against CAM Charge Errors
(Retail Traffic - 8/18/2010) While retailers’ requests for rent concessions have subsided considerably in recent months... (full story)
- Is RetailCorporate Activism Fiscally Responsible?
(About.com - 8/17/2010) In the land of the free and the home of the opinionated, businesses are allowed to have a point of view and to assert that point of view with their products, services, and public policies - even if that means alienating potential customers... (full story)
- Abercrombie to close 110 stores within two years
(SCT Newswire - 8/17/2010) Sixty of the stores marked for closure are traditional Abercrombie and Fitch stores or Abercrombie Kids stores that are reaching the end of their leases this year. (full story)
- Blockbuster Gets More Time on Debt
(The Wall Street Journel - 8/17/2010) Blockbuster Inc. now has until Sept. 30 to deal with some of its debt load following an extension with debtors. (full story)
- RioCan REIT Enters Contract To Acquire Five U.S. Retail Centres
(MarketWire - 8/16/2010) RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced that it has entered into a firm contract to acquire a portfolio of five grocery anchored and new format retail centres located in Pennsylvania, Virginia, and New Jersey from Pennsylvania Real Estate Investment Trust ("PREIT") for approximately $134 million (at 100%). (full story)
- Big Box Retail Users Eye Rebound
(PRNewswire - 8/16/2010) According to The Big Box Dilemma, a new White Paper from Colliers International, nearly one-third of the nation's top 500 retailers have increased their growth plans for 2011 and beyond. (full story)
- Chipotle, Red Robin, Einstein Bros. score in Zagat survey.
(Denvor Business Journetl - 8/16/2010) Colorado’s Chipotle Mexican Grill Inc. has placed second among large chains in the latest annual fast-food survey.
(full story)
- Whole Foods to Celebrate 30 Years Next Month with Chain-Wide Festivities
(Progressive Grocers - 8/16/2010) Natural and organic foods retailer Whole Foods Market will celebrate its 30th anniversary next month with a birthday bash at its world headquarters in Austin, Texas. (full story)
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