RETAIL NEWS

CP Executive

newLat Purser Adds Mixed-Use to SC Portfolio
The 25,300 square-foot Bridgewater Center features both retail and office space. The Mount Pleasant property is home to tenants such as Edward Jones and Ameris Bank.
- 11 hours ago 22 May 18, 7:41pm -
newHanley Investment Completes Sale of LA Retail
The company represented the seller, an Orange County-based developer, in the disposition of a 6,777-square-foot retail pad building shadow-anchored by LA Fitness.
- 11 hours ago 22 May 18, 7:31pm -
newIdentifying & Avoiding Commercial Lease Pitfalls
There are four hidden issues in a commercial lease that every tenant should be mindful of when lease—and even term sheet—negotiations commence.
- 12 hours ago 22 May 18, 7:11pm -
newWhat the 2017 Hurricanes Taught Retail about Disaster Planning
Industry experts gathered at the 2018 RECon conference in Las Vegas to discuss the importance of disaster planning and retail’s role in recovery efforts.
- 14 hours ago 22 May 18, 4:48pm -
newJV Sells Atlanta-Area Shopping Center for $17M
Forum Management Group purchased the 90,566-square-foot, Kroger-anchored retail asset in Flowery Branch, Ga., located roughly one hour from downtown Atlanta.
- 14 hours ago 22 May 18, 4:36pm -
newCBRE/New England Arranges Sale of RI MOB
Built in 1976, the 20,694-square-foot medical office building was renovated in 2016 and is currently 80 percent occupied.
- 14 hours ago 22 May 18, 4:23pm -
newNAI Hiffman Arranges MOB Portfolio Lease
The company’s vice presidents were instrumental in arranging the lease of a 29,000-square-foot medical office portfolio.
- 15 hours ago 22 May 18, 4:11pm -
newHFF Arranges $10M Financing for NJ Storage Development
The company has secured the loan through the Bank of New Jersey for the construction of a 925-unit self-storage facility located in Nutley, N.J.
- 15 hours ago 22 May 18, 4:01pm -
newHPI Horne Storage to Build San Antonio Facility
The partnership has closed on its first self-storage development, a 134,000-square-foot facility situated 17 miles from downtown San Antonio.
- 15 hours ago 22 May 18, 3:31pm -
newStability Encumbers CMBS Market
Forged out of crisis and sharpened during a cycle of frenetic activity, the CMBS market is struggling to adjust to a period of relative calm, observes Yardi Matrix Associate Director of Research Paul Fiorilla.
- 16 hours ago 22 May 18, 2:57pm -

Chain Store Age

newUrban Outfitters’ profit more than triples, sales jump 12%
Urban Outfitters Inc. posted a strong start to 2018, with surging first-quarter sales online and off. Read More
- 9 hours ago 22 May 18, 9:22pm -
newAhold Delhaize launches Peapod Digital Labs; names chief e-commerce officer
Ahold Delhaize U.S.A has created a digital solutions company to enhance the online experience for its customers.Read More
- 10 hours ago 22 May 18, 9:14pm -
newStudy: Irrelevant promotions are killing customer loyalty
Retailers that don’t target promotions are leaving profits on the table, and sacrificing customer satisfaction. Read More
- 10 hours ago 22 May 18, 8:50pm -
newAmazon apparel exec to head up zulily
A 13-year Amazon veteran is set to take the helm of fast-growing online retailer zulily.Read More
- 11 hours ago 22 May 18, 8:06pm -
newKohl’s steps up its loyalty game
Kohl’s is reinventing its loyalty strategy by taking the best elements of its three rewards programs and rolling them into one.Read More
- 11 hours ago 22 May 18, 7:53pm -
newBest Buy taking its Geek Squad to another level
Best Buy is launching a subscription-service for tech troubleshooting and support—regardless of where or when the consumer bought the item. Read More
- 12 hours ago 22 May 18, 6:39pm -
newNew solution keeps GNC associates on task
GNC Holdings has added an intuitive, cloud-based platform to help associates streamline their daily responsibilities.Read More
- 14 hours ago 22 May 18, 5:06pm -
newTJX revenue soars in Q1
The nation’s leading off-price retailer reported better-than-expected sales in its first quarter fueled by a strong performance from T.J. Maxx and Marshalls.Read More
- 14 hours ago 22 May 18, 4:52pm -
newStudy: Consumers wary about facial recognition
Despite retailers’ efforts to integrate disrupting technologies within shopping experiences, consumers aren't embracing all of it. Read More
- 14 hours ago 22 May 18, 4:47pm -
newStudy: Changing price labels is a costly business for store retailers
The manual updating of price labels in stores is not only expensive but frought with inconsistencies. Read More
- 15 hours ago 22 May 18, 3:50pm -

CoStar

newFlexibility Fuels Rise in Pop-Up Shops
Pictured from left: Robin Abrams, vice chairwoman, retail, Eastern Consolidated; Brandon Hoffman, senior associate, Ashkenazy; and Lauren Thomas, retail reporter, CNBC.Credit: Tony Wilbert of CoStar Group.As more retailers that started online seek br…
- 18 hours ago 22 May 18, 12:57pm -
newRetail and Robots: Innovation Comes to ICSC
A VirtualApt robot "walks" the convention hall at ICSC while (pictured, insert) real-life employees of Trend Analytics showcase their company's offerings.Credit: Jacquelyn Ryan for CoStar Group Inc.Are robots, virtual bodies and electronic assistan…
- 18 hours ago 22 May 18, 12:53pm -
newICSC RECon Update: Untuckit: Latest E-commerce Retailer to Open Brick-and-Mortar Stores to Grow Business
» Jump to DAY TWO of CoStar News' Coverage of ICSC RECon in Las VegasDay One of Ongoing ICSCRECon Convention Coverage. Update: 5:09 p.m. (ET)
- 19 hours ago 22 May 18, 12:00pm -
newWestwood Financial Adds Two Sprouts-anchored Shopping Centers to Portfolio
The 92,504-square-foot Boardwalk at Anderson Springs shopping center in Chandler, AZLos Angeles-based Westwood Financial, an owner and operator of national grocery-anchored properties, purchased two Sprouts-anchored shopping centers in Chandler,…
- 20 hours ago 22 May 18, 10:20am -
newICSC Elects First Retailer, Fifth Female to Chairperson Position in Six-Decade History
Valerie Richardson takes the ICSC stage as the group's new chairperson, and its first from a retail shop, in its 59-year history.Credit: Jacquelyn Ryan for CoStar Group Inc.The International Council of Shopping Centers has elected its first chairpe…
- 22 hours ago 22 May 18, 8:41am -
newDiscount Rules the Retail Roost

- 23 hours ago 22 May 18, 8:11am -
newColumbus Pacific Properties Pays $51.4M for SanTan Village Marketplace
Marshalls at the SanTan Village Marketplace power center in Gilbert, AZSanta Monica, CA-based Columbus Pacific Properties, an investment firm that has developed and redeveloped nearly 5 million square feet of national retail properties since its…
- 23 hours ago 22 May 18, 8:06am -
IKEA Centres Wants You, U.S. Retailers!
U.S. retailers looking for a way to expand into China or Russia, two consumer-fertile yet notoriously tough countries to enter, can find a gateway through IKEA Centres, the shopping center company owned by IKEA Group.The Denmark-based IKEA Group…
- 1 day ago 22 May 18, 5:09am -
JCPenney Chairman Abruptly Exits Post to Take CEO Job at Lowe's Home Improvement Chain
Marvin Ellison. Credit: Lowe's CompaniesIn a move that caught many investors, industry and reportedly to even J.C. Penney Co. itself by surprise, Lowe's Companies Inc. this morning named Marvin R. Ellison, JCPenney's chairman and CEO, as its new pr…
- 1 day ago 22 May 18, 4:30am -
Bedrock Secures Final Approval for $618 Million in Tax Increment Financing for Detroit Developments
Rendering of the 35-story Monroe Block tower in DetroitCredit: BedrockThe Michigan Strategic Fund approved $618 million in tax increment financing for Dan Gilbert's real estate investment and development firm, Bedrock, which said the financial as…
- 1 day ago 22 May 18, 4:15am -