CAMP HILL, PA-The drugstore chain is also forecasting lower same-store sales results and a higher net loss for the year due to the economic environment.

CAMP HILL, PA-The drugstore chain is also forecasting lower same-store sales results and a higher net loss for the year due to the economic environment.

CHICAGO-The mall REIT is given nearly two months of breathing room on its $900-million loan on two Las Vegas malls.

CHICAGO-The mall REIT is given nearly two months of breathing room on its $900-million loan on two Las Vegas malls.

An auction on the leases of 154 closing Circuit City stores that was scheduled for today is canceled due to a lack of bidders, says a Reuters report. According to a Circuit City spokesperson, the electronics chain might be able to reject the leases by the end of the month, due to the lack of offers. We...

Best Buy is going to slow down its store growth next year, executives announced as part of their third-quarter results, which also hinted at layoffs and corporate-employee buyouts. But do they really need a lot of new stores anyway? The retailer is, after all, on track to have 1,000 US stores by the...

DUBAI-The first of 13 of the hotels is set to open in Riyadh, Saudi Arabia, next year.

PHILADELPHIA-The three properties' financings will be used to pay a previous mortgage and part of the firm's credit facility.