Short-Changed Luxury slide could spur closings and consolidation The announcement in late January by Saks Fifth Avenue that it plans to cut 9 percent of its workforce as a result of slumping economic conditions could portend things to come for the luxury retail sector, warn analysts. Little more than a year ago, analysts forecast luxury […]

Deal Me In Tenants and developers continue to bet on casino retailing venues Although by no means recession-proof, the gaming industry is still attracting crowds—and for retailers continuing to expand in the downturn, casino sites are in the cards. In fact, experts say it is the retail that often serves as the kick-start to a […]

2009: Retailers And Consumer Behavior An interview with retail expert Jeff Green yields light on changing consumer behavior and hot retailers are reacting to the market. With the uncertainty in the retail marketplace, all shopping center owners are keeping an eye on retail sales. In January, retail sales were up 1 percent, but many retailers […]

Eddie Bauer aims for yoga practitioners with new clothing line For a noncompetitive activity, yoga is getting awfully cutthroat. This month, Bellevue-based Eddie Bauer became the latest clothing company to introduce a new yoga line for women, hoping to grab a slice of the estimated $5.7 billion that Americans spend annually on yoga classes and […]

Retailers’ loss of revenue hammers city and state budgets In the world of shopping centers, strip malls and the cities that house them, a closed Ann Taylor here or an out-of-business Circuit City there might not matter much. But the timing and immensity of the current downturn in retail are dire, and not just for […]

December was a cold month for retail sales Major retailers reported dismal December sales Thursday, stepping up store closings and making new bankruptcy filings likely in coming months. Department and specialty stores were the hardest hit, but the recession is starting to take a toll on discounters. Wal-Mart (WMT), about the only retailer to increase […]