If you followed the New York Post and subsequent reports earlier this week, it seemed like fashion-discount chain Loehmann's was in big trouble. The publication reported that the 60-unit retailer, owned by Dubai World's Istithmar, failed to make a $6-million debt payment. After Loehmann's issued a statement...
Pier 1 Import's impressive return to profitability and sales gains make us wonder about all of those landlords out there that said they would refuse to give any tenants concessions. According to the retailer's fourth-quarter report, it received rent reductions at 350 of its 1,054 stores. That break must...
NICETOWN, PA-An affiliate of Metro Development Co. plans two shopping centers on the site of Tasting Baking Co.'s headquarters, according to the <i>Philadelphia Inquirer</i>.
NICETOWN, PA-An affiliate of Metro Development Co. plans two shopping centers on the site of Tasting Baking Co.'s headquarters, according to the <i>Philadelphia Inquirer</i>.
NEW YORK CITY-Lease rates are declining at shopping centers and malls, while vacancy rates rise despite a retailer turnaround, the <i>Journal</i> reports.
NEW YORK CITY-Lease rates are declining at shopping centers and malls, while vacancy rates rise despite a retailer turnaround, the <i>Journal</i> reports.