Russell Street in the Causeway Bay district trails only New York's Fifth Avenue in terms of average retail rents, fueled by mainland Chinese shoppers seeking tax-free Gucci handbags and Rolex watches. Shares of Soundwill are up more than sixfold since ... Mon, 21 May 2012 16:26:18 GMT
While top-line numbers signal broad improvement, Cassidy Turley's May Retail Report points to a sector that's highly bifurcated. First-tier shopping centers - those in vibrant urban markets or top suburban intersections or trade corridors - are posting ... Mon, 21 May 2012 20:45:52 GMT
Westfield Co-Chief Executive Peter Lowy said 352000 sq feet of shopping would be spread over three above-ground levels and two below ground. Westfield is also entitled to operate another 90000 sq feet of retail space among the 8.8 million sq feet of ... Tue, 22 May 2012 02:33:51 GMT
"The customer is changing dramatically and is wide open to new ways of shopping," Macy's Chief Executive Terry Lundgren says. By Phil Wahba US retailers believe this life left in their brick-and-mortar stores and they're trying new ways of making them ... Mon, 21 May 2012 16:48:14 GMT
Cole Real Estate Investment last week announced that it had acquired Eastland Center - an 805000-square-foot retail shopping center that sits on 49 acres adjacent to the 10 Freeway in West Covina - for $147 million. In a statement, Cole's Senior Vice ... Tue, 22 May 2012 02:20:02 GMT
RECon, the global retail real estate convention hosted by the International Council of Shopping Centers, is at the Las Vegas Convention Center until May 23. This year the show attracted about 31000 shopping center professionals, about 1000 more than ... Mon, 21 May 2012 21:00:15 GMT
... the leader in comprehensive in-store analytics, and faculty from The University of Chicago Booth School of Business, today announced that they have teamed to more deeply examine shopping and purchasing behavior in retail stores.
Mon, 21 May 2012 13:03:16 GMT
For outlets that may house dozens of brick and mortar retail stores, Mall360 lets visitors search and browse through all the products found at the shopping center through visiting the mall's Facebook page and clicking on a “Shop Our Stores” button, ... Tue, 22 May 2012 01:40:25 GMT
When they're finished browsing and styling, users can click through to purchase their looks from their respective retailers. It's a well-designed site, and a neat solution for those content to shop from the (mostly high-end) retailers included.
Tue, 22 May 2012 03:24:01 GMT
Exclusive jewelry retailer, Graff Diamonds, is shopping its IPO as it prepares for a June 8 listing on the Hong Kong Stock Exchange. According to reports, the diamond jeweler to the 0.1 percent of the 1 percent is expecting to raise $1 billion, ... Mon, 21 May 2012 20:41:45 GMT
