'Even though the deals aren't trading, sellers are eventually going to sell at the lower end of that bid-ask.'

Monthly retail sales are going to get a lot harder to track. The largest retailer in the world announced that it will not longer supply its monthly sales results. "The company stressed that the move is a way to focus on the long-term view, but it also allows the company to escape the volatility that...

Sears Holdings Chairman Edward Lampert revealed a plan at the company's annual meeting that would convert Kmart stores into warehouses where consumers would order products online and then pick them up at the facility. Called MyGofer, the first pilot store has opened in Joliet, IL, where shoppers can even...

PHILADELPHIA-Its 32 Free People units had the biggest decline, with same-store sales plunging 23%.

PHILADELPHIA-Its 32 Free People units had the biggest decline, with same-store sales plunging 23%.

NEW YORK CITY-Paul McDowell (right), the chief executive officer of CapLease, talks with Incisive Media's John Salustri about the stimulus package.

NEW YORK CITY-Paul McDowell (right), the chief executive officer of CapLease, talks with Incisive Media's John Salustri about the stimulus package.

PHOENIX-The firm was hurt by construction loans it owes on Hill Country Galleria mall, in Austin, TX, according to reports.