NEW HYDE PARK, NY-Executives of the shopping-center REIT say that many of its Linens stores perform well and other retailers will want any vacated space.
Myron Ullman, J.C. Penney's CEO and chairman, sees a tough retail environment that could lead to more bankruptcies, according to this Dallas Morning News article. There could be 10 to 20 chains that could fall victim, especially regional outfits, he said speaking recently at a Lehman Brothers conference. Ullman...
Msnbc.com interviews some of our favorite analysts about the state of apparel in today's retail environment, and it's not pretty. Apparently, consumers just aren't buying clothes because they NEED to buy food and gas, which are both rising in cost and taking precedence over the newest Abercrombie T-shirt. A...
Sharper Image has seen better days. The company filed for bankruptcy earlier this year after quarters of dismal sales. Now the retailer has put itself up for sale. This brings us to the question: Who would find Sharper Image attractive right now? Well, we've certainly seen some wacky proposals out there...