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So there are people looking to buy out there. Men's Wearhouse, discount department-store chain Syms and Vornado Realty Trust are all looking to split up bankrupt Filene's Basement store assets, according to this article. The move comes after investor Crown Acquisitions already agreed to buy 17 of the...
OK. Things at the International Council of Shopping Centers RECon conference in Las Vegas are getting a little confusion. One person tells us that retailers are getting rent reductions and someone else says that they're not budging on giving concessions. Someone says the recession is going to be over...
This year at the International Council of Shopping Centers RECon conference is different from any we've ever been to. Of course, we're not a serious industry veteran (hey we're in our 30s...give us a break), but it's been about seven years now. Things are definitely slower here, but it's not all doom...
We sat in on the first session of the International Could of Shopping Centers RECon conference and were shocked to find out that social networking firms, such as MySpace, could possibly open stores in malls. This intelligence was supplied by Kate Ancketil, managing director of London-based of GDR Creative...