Mervyn's is suing former owner Target and the private-equity firms the retailer sold the chain to for more than $1 billion. Mervyn's management claims that the complicated deal gave those firms its owned real estate, which was then sold and leased back to the retailer at higher rates, forcing bankruptcy. We...
We recently saw this post about Apple's site selection and how the computer-powerhouse has been very picky in its real estate strategy. It seems as though 100 million people are within 15 miles of an Apple store...not bad for a chain of less than 300 units. Check out this map (scroll to bottom). We're...
Wal-Mart is taking on a merchandising effort that seems a lot like another retailer making headlines lately - Steve & Barry's. Wal-Mart is converting more than 1,700 of its Garden Centers into a new concept called Game Time Headquarters. The company is saying that this part of the store will be geared...
It looks like back-to-school sales are going to be WAY DOWN this year. According to a Deloitte survey we saw on developer Madison Marquette's blog, 71% of those polled said they plan to spend less. And apparel will take the biggest hit, with 83% of the responders saying that that is where they will make...