December 09, 2019 | Linda Moss (Via:CoStar) National Retail Outlook Buoyed by Strong Black Friday, Optimistic Holiday Forecasts and New Tenants The International Council of Shopping Center’s annual New York Deal Making conference kicks off Tuesday. (ICSC) Retailers, real estate brokers and landlords are gathering in New York City this week. Many of them are eager to […]
CoStar Economy: Are Retailers Trying to Tell Us Something?
November 22, 2019 | Robert Calhoun and Matt Powers (Via: CoStar) Latest Earnings Red Flags May Reflect Cracks in Labor Market, the Foundation of Consumer Spending “After seven consecutive quarters of comparable sales growth, we experienced a deceleration in our third-quarter sales,” – Macy’s CEO Jeff Gennette in a statement accompanying the retailer’s earning release. Retail was the big […]
Regency Feeling Heat From Retail Bankruptcies
November 06, 2019|Nicolas Foster (Via: COSTAR) Confluence of Store Closures and Timing of Redevelopment Projects Are Weighing On the Retail REIT’s Near-Term Performance Regency Centers said it has been affected by elevated retailer bankruptcies, including Barneys New York. (Getty Images) Regency Centers reported results for the third quarter, saying it expects flat growth through 2020 […]