We really weren't expecting to see an announcement like this. Microsoft is planning a "worldwide" rollout of retail stores and has hired David Porter, a former Wal-Mart executive who spent 25 years at the retailer. Beyond that, details are sketchy, but you can read Microsoft's press release here. Of...

It looks like we are close to having a $789 billion stimulus plan pass through Congress, and a number of real estate trade groups seem happy about it. But one organization, the National Retail Federation, is less than enthused. In its statement, the NRF says the plan will not do enough to boost consumer...

DUBAI, UAE-Developer Nakheel is looking to start filling Marina Residences and other major projects over the next two years.

Starbucks will start introducing $3.95 breakfast-coffee combo deals next month, in a move that many see as attempts to compete with McDonald's roll out of espresso coffee drinks in its restaurants. As part of the plan, the company announced that it will launch two new egg sandwiches that can get paired...

PITTSBURGH-The Courtyard by Marriott will be part of the Settlers Ridge retail project here being built by Faison.

A lot of moderate-sized restaurant chains have filed for bankruptcy recently that were under our radar. And this Reuters article says that more are expected this year. Last month the owner of the 69-unit Black Angus chain filed for Chapter 11 protection, while the Ponderosa and Bonanza chains filed...

NEW YORK CITY-One of the most respected names in the field of real estate journalism takes over one of the country's most successful regional real estate business publications.

NEW YORK CITY-One of the most respected names in the field of real estate journalism takes over one of the country's most successful regional real estate business publications.