Industry Doubts Best Buy Will Find a Buyer Elaine Misonzhnik / Retail Traffic Best Buy’s real estate portfolio doesn’t carry much appeal either. The company currently operates 1,105 big-box stores in the U.S., totaling 42.4 million sq. ft. It’s been trying to shed unprofitable locations, including plans to close 50 stores in calendar year 2012, […]
Archives for June 2012
Taking Aim At Apple, First Connecticut Microsoft Store To Open Saturday
Taking Aim At Apple, First Connecticut Microsoft Store To Open Saturday Brian Dowling / The Hartford Courant Connecticut’s first Microsoft store is prepped to open Saturday at the Danbury Fair Mall. The store is wood and white, simple and bright. Blocky tables display laptops, tablets, Xboxes, smartphones and desktop computers. A band of video screens […]
All Mixed Up
In the latest edition of Retail Rap, my twice monthly column in Chain Store Age, I discuss the reluctance in our industry to develop mixed-use spaces – opportunities that could benefit investors in several ways. To be clear, there are some really great mixed-use projects out there. Some developers and commercial real estate professionals have […]
What Happens in Vegas…
Despite the amount of buzz leading up to this year’s RECon convention, I’m not quite sure if it lived up to the hype. I discuss why I feel that way in my latest Retail Rap column. There was quite a bit of excitement heading into this year’s RECon convention. The event is, in many respects, […]
Lehigh Valley Mall anchor catches more than the eye
Lehigh Valley Mall anchor catches more than the eye The Lehigh Valley Mall department store is a magnet for the soot and other debris from nearby Route 22 Tyrone Richardson / The Morning Call I recently walked through The Outdoor Shops at the Lehigh Valley Mall and noticed something odd. In the background of the […]