5Qs for Ron Goldstone on how municipalities impede retail’s redevelopmentLocal government officials want Target to fill that empty Walmart store, not a self-storage facility—but that’s unlikely to happen. Mall Do’s & Don’ts: Create a city within a cityIn shopping centers, says URW development chief Geoff Mason, social interaction has become just as important for people as shopping. New York sees big increase in workers returning to offices A sharp rise of 12 percentage points moves the Big Apple ahead of San Francisco, Los Angeles, and Philadelphia. Tanger increases its stock dividend by 10% based on strong leasing activity The outlet chain’s net operating income jumped by 7.4% in the first half; occupancy rate nears 95%. Scottsdale Fashion Square unveils designs for its second phase of renovation The elegant furnishings that lured 50 sumptuous brands to its new luxury wing will soon take up residence in its south wing. JLL’s retail real estate chief Greg Maloney to retire Longtime associate Kristin Mueller will replace him as president of the global real estate company’s retail division. Moody’s Analytics: To survive, malls must share in the risks of their tenants American malls must attain average sales per sq. ft. of at least $520 to stay in business—minus the sales of high-volume tenants like Apple and Lululemon. Iowa outlet center is now an “Outlet & Marketplace” Outlet centers that have longed relied on tourist trade are now homing in on regular business from locals. Hermès continues U.S. expansion; signs new lease in Atlanta Hermès, the worldwide supplier of luxury leather goods and ready-to-wear apparel and accessories, continues its expansion in the United States. Malls and open-air centers fall in YoY traffic counts Inflation caused a deflation in back-to-school traffic at malls and lifestyle centers, according to a report from Placer.ai. First Previous 12 13 14 15 16 Next Last
