Strategy

Apparel chains focused on tweens and teens are increasingly at risk of filing for bankruptcy protection.

At least that’s the view of Michael McGrail, COO of Tiger Capital Group and a veteran retail liquidation and asset appraisal executive.

Los Angeles -- CBRE Group for the fifth consecutive year was the top-ranked firm for commercial real estate investment sales throughout the world during 2015, according to Real Capital Analytics (RCA). CBRE has achieved the number one position in each of the five years that RCA has published global rankings.

Real Capital Analytics credited CBRE with 21.9% of market share across all property types, office, industrial, retail, apartment and development sites, in 2015 on a global basis.

Ikea is opening a new distribution center in Ontario as the Swedish home furnishings retailer ramps up plans to double its footprint in Canada over the next 10 years.

Ikea says its new distribution center in Mississauga, Ontario, allows the company to become even more accessible to customers by allowing for fulfillment of customer orders from four Toronto area stores and e-commerce purchases. This improved logistical set-up will enable shorter lead times for customers to receive their products, while at the same time contributing to Ikea's sustainability goals.

Design and architecture giant CallisonRTKL named a global leadership team in retail design that includes the appointment of retail veteran Ignaz Gorischek as VP. He is with the firm’s retail practice group, in the Dallas office.

The grand lady of Los Angeles retailing is getting a major facelift.

Taubman Centers is embarking on a $500 million remodel of Beverly Center this month that promises to transform every aspect of the iconic — and monolithic — eight-story center, which opened in 1982.

Gordmans Stores plans to open a new store next month in its hometown of Omaha in April, the first of five new units apparel and home décor retailer has planned for the year.

Destination XL Group is seeing strong same store sales growth from its stores branded as DXL as it continues to shift away from the smaller footprint Casual Male concept.

Destination XL Group, which bills itself as the largest omnichannel specialty retailer of big and tall men's apparel, said its total same store sales increased 3.1%, but its 137 DXL stores open for more than 13 months grew comps 8.9%.

The CEOs of Staples and Office Depot penned a letter to customers which reveals the extent of their deteriorated relations with the Federal Trade Commission ahead of a hearing that begins March 21 that will determine whether the retailers are allowed to merge.

In the letter, Staples chairman and CEO Ron Sargent and Office Depot chairman and CEO Roland Smith stop short of actually calling the FTC stupid, but that is the inference from more diplomatically worded prose.

Gordmans Stores plans to open a new store next month in its hometown of Omaha in April, the first of five new units the apparel and home décor retailer has planned for the year.

Should Walmart and Costco be required to pay employees the same minimum wage?

The answer is no, at least that’s the conclusion of a new study according to the National Center for Policy Analysis, a conservative think tank based in Dallas.