Phillipsburg Mall ordered for sale Beleaguered Warren County shopping center among five properties parent company is selling to pay down debt Tyrone Richardson / The Morning Call Phillipsburg Mall is home to anchors like Sears, Bon-Ton, Kohl’s and JCPenney’s. But have you noticed that the mall’s corridors are riddled with vacancies? I witnessed the sea […]
Archives for May 2012
Irrational Exuberance is a Thing of the Past
Despite optimism in the industry, scars from the recent recession are still too fresh in everyone’s mind, causing a change in spending attitude. I discuss this change and offer my own observations in the latest edition of Retail Rap. This might not come as a huge surprise, but “irrational exuberance” is unlikely to be on […]
The Evolution of Retail Part II: Power Centers
The Evolution of Retail Part II: Power Centers Jeff Green and Jason Baker/Shopping Center Business In our first article of this series, we talked about the ever-changing world of retail real estate. From the impact of e-commerce on brick-and-mortar stores to the lack of new development and the growth of non-retail uses. In this article, […]
The Changing Face of the Convention
I noticed three developing trends at RECon 2012 that I share with you in the latest edition of Retail Rap, my twice monthly column in Chain Store Age. This is not your father’s (or my father’s) RECon. True, the conference wasn’t called that back then, but it is clear to me that this influential annual […]
RECon 2012: Expectations On the Rise
There is a lot of optimism and energy leading up to RECon 2012, and in my recent edition of Retail Rap I discuss some of the reasons for this and what it may mean for retailers and the retail industry. People I talk to in the industry are excited to get together this year; they […]
Bed, Bath & Beyond to Buy Cost Plus for $496M
Bed, Bath & Beyond to Buy Cost Plus for $496M Savannah Duncan / REBusinessOnline UNION, N.J., AND OAKLAND, CALIF. — Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced Wednesday that it has entered into a definitive agreement to acquire Oakland-based Cost Plus Inc. (NASDAQ: CPWM) in an all-cash transaction for $22 per share, or $495 […]