Clash of the Titans: Regional Mall REITs Fight for Limited Outlet Development Opportunities Elaine Misonzhnik / National Real Estate Investor In the fall of 2010 executives with Taubman Centers Inc., a Bloomfield Hills, Mich.-based regional mall REIT, began talking about the REIT’s new avenue for growth: outlet centers. Taubman had recently completed the conversion of […]

How to Make Money Off Your Friends Deal of the Day: Companies will offer big savings to customers willing to be pitchmen on Facebook and Twitter Kelli B. Grant / SmartMoney Customers seeking the best deals may have to pester their friends. Some of the latest coupons from retailers and other businesses can only be […]

Ascena Retail Group to Acquire Charming Shoppes for $890M Scott Baltic / Commercial Property Executive In what can only be described as a plus-size deal, Ascena Retail Group Inc. and Charming Shoppes Inc. have entered into a definitive agreement under which Ascena will acquire Charming Shoppes, the companies jointly announced Wednesday. The cash transaction, described […]

Pampering Makes a Comeback Quentin Fottrell / SmartMoney If American consumers seem to be carrying less stress in their shoulders, it could be because spending is growing faster at spas than stores. People are buying more stuff, retail sales data released Tuesday shows. Spending rose 4.2% on the year during last week, according to the […]

Saks becomes belle of this Benderson ball John Hielscher / Sarasota Herald-Tribune UNIVERSITY PARK – When the Mall at University Town Center was first envisioned in the boom year of 2005, Saks Fifth Avenue was not even considered for one of the anchor spots. Instead, the tony retailer was passed over in favor of other […]