Every time we've passed a Ritz Camera over the last couple years, the same thing has crossed our mind: "Wow! They're still around, and they seem to be EVERYWHERE!" Well, that doesn't look like it's going to be the case anymore. The retailer is closing its 400 remaining stores - another 400 were already...
Sure, we might be facing one of the most difficult economic downturns in modern history, but consumers are still buying dog diapers, pet food cookbooks and orthopedic beds for their animals at PetSmart, according to Barron's. The retailer's same-store sales rose 4% in its most recent quarter, while earnings...
We aren't sure if this is to be expected or a SUPER BAD development. LakeWest Group, a consulting firm that has helped out Coldwater Creek, Macy's and others has declared Chapter 7 bankruptcy. Of course, bad news or not, it's expected. It's unlikely that retailers are hiring more of these types of firms,...
PHILADELPHIA-In a climate where tenants are filing for bankruptcy and looking to downsize, it's important for asset owners to get a detailed grip of who is in their spaces.