Lehigh Valley shopping centers finally fill up Airport Center and other centers near capacity, focus now shifts to Sands luxury outlet mall Tyrone Richardson / The Morning Call Airport Center opened in 2009 to tepid fanfare, its prospects dampened by a sea of empty storefronts and broken commitments from merchants. Now, years later, it’s like […]
Archives for January 2012
Private Equity Buyout Might be Talbots’ Last Chance
Private Equity Buyout Might be Talbots’ Last Chance Elaine Misonzhnik / Retail Traffic In December, Talbots rejected a $3 per share unsolicited buyout proposal from Sycamore Partners, a New York-based private equity firm, because its executives felt the bid undervalued the company. Facing plummeting sales and a large debt load, however, Talbots needs a savior […]
Buying a Super-Bowl-Worthy TV
Buying a Super-Bowl-Worthy TV Deal of the Day: Prices are better than during the holiday season but experts say not for long Kelli B. Grant / SmartMoney Sports fans in the market for a new TV set before the Super Bowl on Feb. 5 may be in luck: Electronics and retail experts say many current […]
Buzz from the Bs: The real value in B Malls
In the latest edition of Retail Rap, my twice monthly column for Chain Store Age, I discuss the value of B malls and why I think they could be attractive for many retailers. I know it’s simply human nature to want the best of the best, and to prioritize top quality. And, it’s certainly no […]
Retailing at the Crossroads
Retailing at the Crossroads The continued growth of online sales is changing the look and size of retail spaces and tenant mixes Mariwyn Evans / Realtor Magazine Understanding the impact of online sales is an imperative for retail business owners. While overall retail sales grew 7.2 percent in the year ending October 2011, according to […]
Retail sales rose in December, helping set a record high in 2011
Retail sales rose in December, helping set a record high in 2011 Strong December caps a record year, but deals meant lower profits for many companies Joyce Smith / The Kansas City Star Holiday sales inched higher in December, helping retailers enjoy a record 2011 and boosting expectations that consumers will continue spending in the […]
