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  • Economy and weather little help at Big 5

    EL SEGUNDO, Calif. -- The weak sales and profits reported Wednesday by West Coast sporting goods retailer Big 5 weren’t a surprise, as the company had warned Wall Street more than a month ago that financial results would be below expectations. 

  • Where will retail real estate sit throughout 2011?

    If Black Friday and Cyber Monday 2010 numbers were any indication, retail may well be prepping for some measurable bounce in 2011.

    But the road to recovery isn’t going to be without frustrations, according to Chicago-based Jones Lang LaSalle’s North America Retail Outlook report, released in November.

    The inaugural report examined retail real estate fundamentals such as vacancy levels, rental rates and investment sales volumes -- and drew the conclusion that 2011 would see a “slow and arduous retail sector recovery.”

  • J.Crew shareholders approve buyout by TPG, Green

    New York City -- Shareholders of J.Crew Group have approved a $3 billion deal to be taken private by two investment firms.

    The $43.50-per-share buyout by private-equity firms TPG Capital and Leonard Green & Partners is expected to close on or near next Monday. J. Crew CEO Millard (Mickey) Drexler will remain with the company.

  • High rent, wrong use?

    By Jason S. Baker

  • Urban Outfitters to open at Notre Dame

    South Bend, Ind. -- Indianapolis-based Kite Realty Group announced that Urban Outfitters will open at Eddy Street Commons at Notre Dame in South Bend, Ind.

    The retailer has leased 8,627 sq. ft. and is part of a newly developed mixed-use development that consists of a large book store, hotel, several unique restaurants and other apparel stores.

    Urban Outfitters is scheduled to open late this summer.

  • Report: Retailers’ expansion plans up 40% over last year

    New York City -- Retailer demand for new locations is up across the board, according to ChainLinks Retail Advisors’ just-released National Retailer and Restaurant Expansion Guide. The report details the current expansion plans for hundreds of the largest U.S. retail and restaurant chains.

  • The Walmart wildcard in Target’s guidance game

    Target is set to report February same-store sales this Thursday and offer the first data point of the new fiscal year in which same-store sales are forecast to increase in the range of 4% to 5%. For February, the company has forecast a low single-digit increase and last week in conjunction with the release of fourth-quarter results confirmed it was on track to meet the low single-digit number.

  • DCP, Nordstrom celebrate 45th anniversary of 'it's a small world'

    SEATTLE -- Disney Consumer Products has partnered with Nordstrom to launch a new line of children's apparel, accessories and footwear in honor of the 45th anniversary of the "it's a small world" attraction at Disneyland. 

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