Hot off the press…It was just announced that Home Depot is closing all their peripheral brands, about 48 stores in all. Closing will be all remaining Expo, Yardbird’s and HD Bath Locations.
Blog
Kansas City Retail Market
I spent a few days last week in the Kansas City market. First of all, it is one of the nicest markets in the US, especially the area around Country Club Plaza. Retail on the whole is performing well in the market. The most successful retail properties seem to be Town Center at Leawood and […]
Circuit City to Liquidate
Sad to say, there is no surprise here. What is frightening is the number of power center vacancies due to the recent liquidations: Goody’s, Linens ‘N Things and now Circuit City. And are there any growing specialty box tenants to take their place?
Holiday Retail Sales
I had the chance to address holiday sales on Money for Breakfast December 26th. MasterCard Spending Pulse Unit was already reporting that December sales through Christmas Eve were down 8% over 2007. That’s sales! The bigger question is what does this mean for profits? As I mentioned in the segment, this could equate to profits […]
Best Buy 3Q Results
Best Buy’s 3Q results came out Tuesday morning. I was pleasantly surprised to see their results were higher ($0.35/share) than Wall Street’s estimation ($0.24/share). I had the opportunity to discuss Best Buy and their earnings on Tuesday morning’s Money for Breakfast. We all thought the numbers were good. However, I found in later reports, many […]
Cyber Monday
Ok. So, I told you I’ve been busy! I was on “Money for Breakfast” on Fox Business News again on Cyber Monday to discuss sales expectations for the biggest online shopping day of the year. At the time, I predicted a sales increase of at least 7 percent. Turns out sales increased by a whopping […]
