Gottschalks Revival? Ex-CEO says financing set for new retail chain FRESNO — A former chairman of Gottschalks Inc. wants to resurrect the venerable retail name with a new chain of department stores. Joe Levy, whose great-aunt was the wife of Gottschalks founder Emil Gottschalk, said Monday he has formed a new company — called Gottschalk […]

Co-tenancy clauses can cause headaches in resolving lifestyle centers David Bodamer / Retail Traffic Research firms that monitor distressed assets don’t monitor the number of lifestyle centers in the retail pipeline, but industry observers say they are out there. During the past decade, lifestyle centers spread rapidly. In 2001, lifestyle centers comprised just 0.8 percent […]

Detroit: Challenging the Naysayers Wal-Mart expansion, grocer redevelopment signal vote of confidence in beleaguered market. While there is no denying that metro Detroit remains in a deep economic slump, the degree to which lenders, investors and even retailers have shunned the Southeast Michigan market can’t be justified, say some local commercial real estate professionals. “Lenders […]

LaCenterra wants an encore Lifestyle center near Katy is likely to expand with its affluent area Five years ago, Woody Mann was having trouble convincing national chains that his planned lifestyle center LaCenterra at Cinco Ranch would be a good spot for retail. There was a national perception that Katy was a sleepy small town, […]

Distressed Retail Real Estate, Investment And Management The investment sales market is being impacted by the availability of capital and the lack of distressed properties on the market. Meanwhile, managers are also stunned at the low number of properties that are being placed into receivership by lenders. Many people Shopping Center Business interviewed were quick […]

Bon Ton, Macy’s Find a Middle Way to Profit – For Now The middle has been a sweet retail spot of late. Mid-priced department-store chains like Bon-Ton Stores (BONT) and Macy’s (M), have turned in good financial results. But they should not get too comfortable. The 278-store Bon-Ton recently released its fourth-quarter results and posted […]