Jeff Green & Jerry Hoffman/Multifamily Executive – With mixed-use opportunities on the rise, development professionals are capitalizing on the growing trend to cross-categorize the retail real estate and multifamily housing markets to create a sense of “place.” This is especially visible in major urban markets like New York and Dallas, but we’re now starting to […]
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Macy’s to Close More Stores, Seek Partnerships
Gail Kalinoski/Commercial Property Executive – Hours after Macy’s announced its store in the Irvine Spectrum Center was closing, the Irvine Company released plans for a major $150 million reinvestment plan. Hours after Macy’s announced its store in the Irvine Spectrum Center was one of 40 closures, the Irvine Company released plans for a major $150 million […]
The Big Reason You Once Went to the Mall Is Rapidly Disappearing
Brad Tuttle/Time (Money) – Middle-class shopping tastes have changed, big time. It probably won’t shock shoppers to learn that any day now, Macy’s is expected to announce the locations of 40 stores it will close in early 2016. What may come as a bit of a surprise, though, is that the closures probably represent only the […]
Holiday Shopping 2015: Consumers buying less expensive gifts
Joyce M. Rosenberg/Associated Press – Cheap is the new chic for holiday gifts. Jana Montero, who has in the past bought loved ones iPods and tablets for Christmas, has changed her attitude about gift giving: This holiday season, she’s grabbing candle sets and serving dishes that cost under $30 to give to family and friends. Montero, […]
Retailers expect crowds bigger than Black Friday on upcoming Super Saturday
Justine Griffin/Tampa Bay Times – Waiting until the eleventh hour this weekend to wrap up holiday shopping? You’re not alone. And this year, procrastination is paying off for some. “Super Saturday,” or the last Saturday before Christmas, is expected to eclipse Black Friday and become the busiest shopping weekend of the year, retail analysts say. That’s because […]
6 Reasons Holiday Shopping May Be Lackluster
Georgea Kovanis/Detroit Free Press- For shoppers looking for nonstop deals and lots of excitement, this holiday season is shaping up to be a bit of a dud. The bargain buzz and early-season discounts that were already in place this time last year are virtually nonexistent. Meanwhile, spending is expected to be up only marginally — the […]
