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  • REITs: A Smart Move for Retailers?

    A red-hot real estate market and sky-high property values have some retailers, including Macy’s and more recently, McDonalds, feeling the pressure to cash in on the value of their real estate assets. How? By spinning off store properties and/or land assets into a REIT and entering into a lease-back deal.

  • Three dream tenants for American Dream project

    The long-delayed, controversial American Dream retail-entertainment destination in the Meadowlands in East Rutherford, New Jersey, has snared three high-profile tenants.  

  • Report: Chico’s considers private equity sale

    Ft. Myers, Fla. – Chico’s FAS Inc. may be considering a sale to one of several private equity suitors.

    According to Bloomberg, Chico’s has been approached by Sycamore Partners and is also in talks with other private equity groups about a possible sale.

  • Report: Target tapping alternative energy for North Carolina store

    Minneapolis – Target Corp. is reportedly bringing a sunny approach to energy at its store in Fayetteville, North Carolina.

    According to the Fayetteville Observer, Target will install solar panels that can generate 432 KwH of electricity per year on the store’s roof. There is no firm launch date yet for the store’s solar panels, which will likely generate 15%-30% of its total electricity needs.   

  • Chico's may be in talks for a buyout

    Chico’s FAS Inc. may be considering a sale to one of several private equity suitors.

  • London is calling shoppers to Kohl's

    Kohl’s is bringing the fashions of London to its stores with its latest designer collaboration.

    The retailer has teamed up with designer Thakoon on a fashion collection now available at Kohl’s stores nationwide and Kohls.com called Thakoon for DesigNation. The one-of-a-kind, limited-edition, limited-time collection features Thakoon Panichgul’s signature style inspired by one of his favorite cities, London.

  • Trump attacks Macy’s CEO, board

    New York – Front-running Republican presidential contender Donald Trump continued his war of words with Macy’s Inc. during a Sunday morning interview on the CBS program, "Face the Nation."

    Trump singled out Macy’s as an example of companies where the CEO places their friends on the board and receives inappropriately high pay.

  • Former Sears exec returns to familiar territory

    Michael McCarthy spent 28 years at Sears Holdings before leaving the company in 2011, but now he’s back in new senior level role at the Sears Hometown and Outlet Stores.

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