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Vornado, Looking to Exit Malls, Lists Three Properties for Sale
Vornado Realty Trust is following through on its pledge last month to sell its shopping malls, having hired brokerage Eastdil Secured to market for sale its stakes in three malls in and around New York City.
blogs.wsj.com
Sternlicht Searches for Yield at Second-Tier U.S. Malls
Investors including Barry Sternlicht and KKR & Co. (KKR) are buying second-tier shopping malls in places from Lincoln, Nebraska, to suburban Chicago in a hunt for higher yields as retail sales at the properties rebound.
www.bloomberg.com
Uniqlo Sees Room for Growth in the U.S.
The Japanese basics brand Uniqlo, betting on a comeback for the American consumer, is taking advantage of recession-lowered rents to expand in the United States.
www.nytimes.com
Japanese Retailer Uniqlo Is About To Invade Shopping Malls Across America
Gap and Old Navy better watch out, because Uniqlo's coming for them. It's firing up " aggressive growth plans at shopping malls that are expected to include 20 to 30 new stores a year over the next eight years ," according to the Times.
www.businessinsider.com
Malls plan park-and-ride facilities
Move targets surburban commuters, pending talks on fee
www.nationmultimedia.com
Why developers have stopped building shopping malls
36 years after the opening of Brent Cross, the development pipeline for new malls has ground to a halt When Brent Cross shopping centre opened in 1976 it was rammed with shoppers checking out the hottest high street brands: C&A, Richard Shops, Ratners and Our Price. The futuristic concrete block in north London introduced America's brash "shop till you drop" culture to a country where shops ...
www.guardian.co.uk
GPS-style gadget could steer shoppers through maze-like shopping malls
London, May 16 (ANI): Researchers have come up with a navigation system, which works indoors, to guide shoppers through the winding corridors of large shopping centres and complexes.
in.news.yahoo.com
Attrition Rate for U.S. Malls 10%? Maybe on a Good Day
Green Street Advisors, which tracks real-estate investment trusts, has made an intriguing prediction this year that 10% of U.S. malls will be remade or bulldozed into something other than malls within the next decade.
blogs.wsj.com
Shopping centre decorations are not just about the aesthetics
FROM something as simple as a window dressing to an elaborate stage set-up to even a jaw-dropping dragon suspended from the ceiling, there is more to the art of shopping mall decoration than just the aesthetics. In fact, most shopping malls have a dedicated visual merchandising team to see to its mall decorations and displays.
thestar.com.my
Shopping in UAE malls - Beyond my wallet
(MENAFN - Khaleej Times) The malls in Dubai don't cease to amaze me even after all these years, not just for their grandeur, but also for the wisdom I gather every time I waltz through their aisles, ...
www.menafn.com
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