PITTSTON TOWNSHIP, PA-The 465,600-square-foot facility is part of Mericle's CenterPoint Commerce & Trade Park here.

A new book called Cheap: The High Cost of Discount Culture is suggesting that outlet malls are deliberately trying to fool consumers. Excerpted on the site AlterNet, the book has some interesting assertions: It says outlet malls' long distances from metropolitan centers aren't only a result of developers...

The largest retailer in the world is again looking at entering the biggest city in the country. Wal-Mart executives figure that conditions are favorable for the company to come to New York. People are now looking for a bargain more than ever, and real estate prices here might not get a whole lot lower. The...

NEW YORK CITY-Howard Roth, global and Americas leader of real estate at Ernst & Young, says that we'll see more involvement by government in the industry.

NEW YORK CITY-Howard Roth, global and Americas leader of real estate at Ernst & Young, says that we'll see more involvement by government in the industry.

Big surprise: Consumers are buying much jewelry in this economy. Zale Corp. announced that it closed 118 stores during its most recent quarter, which ended July 31. Over its full fiscal year, the Dallas-based company, which still operates just over 1,900 units, shut 191 locations. The retail is also...

'There's clearly an understanding now that price doesn't necessarily mean value.'

'There's clearly an understanding now that price doesn't necessarily mean value.'