The Obama Administration is getting involved in the supermarket business. Late last week First Lady Michelle Obama was in Pennsylvania, encouraging the development of grocery stores in underserved, low-income areas. The plan would offer $250 million in federal tax credits to retailers willing to open...

Department store sales are improving and many of the big chains are doing a good job controlling inventories after a dismal start to the recession. But for this to continue, they're probably going to start closing some doors, according to one analyst. "We'll see more stores close than open in 2010,"...

Express, an apparel retailer with 573 stores that targets men and women in their 20s, looks to raise $200 million in plans to go public. As part of its strategy, the Columbus, OH-based retailer is in the works to open 30 stores annually in North America over the next five years. The move follows the...

Simon Property Group finally did what many expected, making a $10-billion bid for General Growth Properties. The move would make the REIT...enormous, upping its portfolio of 320 US malls and outlet centers to 520. But this deal is far from over. General Growth shareholders don't seem to be biting as...

TOKYO-Morgan Stanley might have to give the 13 hotels it bought here in 2007 for $2.4 billion back to lenders, reports the <i>Wall Street Journal</i>.

TOKYO-Morgan Stanley might have to give the 13 hotels it bought here in 2007 for $2.4 billion back to lenders, reports the <i>Wall Street Journal</i>.

NEW YORK CITY-Andrew Farkas, who sold his Insignia Capital Group to CBRE for $415 in 2003, is now targeting Centerline Holding, says the <i>Wall Street Journal.</i>

NEW YORK CITY-Andrew Farkas, who sold his Insignia Capital Group to CBRE for $415 in 2003, is now targeting Centerline Holding, says the <i>Wall Street Journal.</i>