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Six Questions for Michael Glimcher

COLUMBUS, OH-The chairman of Glimcher Realty Trust talks with GlobeSt.com’s Robert Carr about how demographic changes and new store plans are affecting the retail industry.

By Robert Carr | Updated on June 21, 2011

COLUMBUS, OH-GlobeSt.com’s Robert Carr recently spoke with Michael Glimcher, chairman of Glimcher Realty Trust, about his opinion of the resurging retail market, and how he sees the changing demographics and projected lack of development affecting the leasing and occupancies in the industry. Glimcher owns and/or manages a total of 27 properties in 14 states, totaling about 21.6 million square feet. Of the 27 properties, 23 are enclosed regional malls or open-air lifestyle centers, many of which are located in the country’s top-growing metropolitan statistical areas.

GlobeSt.com: For the first quarter, the Glimcher trust saw great comparable store sales and operating income figures, but, bottom line, net losses compared to the first quarter in 2010. How does the second quarter look for the company?

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