'The US real estate community has a lot of interest in Cuba.'

We have written a lot lately about store closings, reduced expansion plans and lagging sales. But one sector that seems to have done well as of late is the grocery business. In a Q&A interview we did last week, Claes Fornell, a University of Michigan professor who specializes in consumer behavior,...

HOFFMAN ESTATES, IL-Same-store sales company wide fall 4.5%, 5.2% at Kmart and 4.3% at Sears.

DALLAS-Ninety of the closures are underperforming units and 50 of them are kiosk shops.

Both Home Depot and Lowe's this week have posted declining sales and earnings, and the two home-improvement leaders are also cutting back plans this year for new stores. Home Depot is cutting its new stores from earlier expectations of 100 to 35, while Lowe's cut its units by 20, with 120 new locations...

MOORESVILLE, NC-The retailer is cutting its opening plans by 20 units this year but still has 120 in the works.

'If you treat your customers badly, you get punished.'

How's this for marketing? The Shops at Atlas Park, in Queens, NY, is giving away $20,000. On President's Day, center employees started giving $500 a day for 25 days at random public locations in Queens. And for 60 days in a row, they will hand out increments of $1 to $1,000 around Atlas Park. Center...