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No Relief for Retail Landlords as Store Closures Ramp Up Once Again
News 1 week ago
No Relief for Retail Landlords as Store Closures Ramp Up Once Again
Source NREI - Retail

From the Gap to Family Dollar, retailers are announcing hundreds of store closures, with no end in sight. It’s only mid-March and already a slew of...

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Tesla Stores Start to Re-Open After U-Turn on Retail Strategy
News 1 week ago
Tesla Stores Start to Re-Open After U-Turn on Retail Strategy
Source NREI - Retail

Tesla has rethought its decision to close most of its bricks-and-mortar locations. (Bloomberg)—Tesla Inc. stores that closed earlier this month in...

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Houston Malls Take Another Hit with Charlotte Russe Closures
News 1 week ago
Houston Malls Take Another Hit with Charlotte Russe Closures
Source NREI - Retail

Charlotte Russe plans to close all of its 416 locations. Yet another mall-centric fast-fashion retailer is shuttering all of its stores, leaving...

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Not Sure About That Pricey Duvet Cover? Try Renting It First
News 1 week ago
Not Sure About That Pricey Duvet Cover? Try Renting It First
Source NREI - Retail

West Elm and Rent the Runway are partnering to offer consumers rental home furnishings. (Bloomberg)—Consumers are flocking to rental fashion...

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Simon Property Group’s CBD Kiosk Deal Is a Smart Way to Benefit from an Emerging Trend, Experts Say
News 2 weeks ago
Simon Property Group’s CBD Kiosk Deal Is a Smart Way to Benefit from an Emerging Trend, Experts Say
Source NREI - Retail

The kiosks’ novelty might serve as an added attraction for shoppers, while short-term kiosk leases are low risk. Simon Property Group is...

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Macy's Needs a Bigger Idea Than Cost Cuts: Sarah Halzack
News 3 weeks ago
Macy's Needs a Bigger Idea Than Cost Cuts: Sarah Halzack
Source NREI - Retail

What Macy’s really needs is to offer more exciting merchandise. (Bloomberg Opinion)—Macy’s Inc. started 2018 with a roar and ended it with a...

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Are Lenders Shying Away from the Retail Sector?
News 4 weeks ago
Are Lenders Shying Away from the Retail Sector?
Source NREI - Retail

Retail properties can still get financing, capital markets experts say, but their sponsorship, location and metrics are under very close scrutiny....

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Mayor Wants a Vacancy Tax for Empty Storefronts
News 1 month ago
Mayor Wants a Vacancy Tax for Empty Storefronts
Source NREI - Retail

What this would do is force New York City retail locations from keeping their properties empty or holding out for a high-paying, long-term tenant....

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U.S. Retail Sales Seen Slowing This Year as Economy Cools Off
News 1 month ago
U.S. Retail Sales Seen Slowing This Year as Economy Cools Off
Source NREI - Retail

NRF forecasts retail sales will increase by 3.8 percent to 4.4 percent in 2019, below 2018’s level. (Bloomberg)—Retail sales growth in the U.S. is...

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How Many More Store Closures Are Expected in 2019?
News 1 month ago
How Many More Store Closures Are Expected in 2019?
Source NREI - Retail

Overall retail vacancy is likely to remain flat, but sizeable store closures will likely continue. Despite headline-making store closings by Sears,...

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Pending Sears Buyout Puts Regional Mall Owners in Limbo
News 1 month ago
Pending Sears Buyout Puts Regional Mall Owners in Limbo
Source NREI - Retail

Landlords of better performing regional malls would have preferred to get all the stores back at once. Sears Holdings Corp. Chairman Eddie Lampert...

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U.S. Consumer Confidence Falls to 18-Month Low Amid Shutdown
News 1 month ago
U.S. Consumer Confidence Falls to 18-Month Low Amid Shutdown
Source NREI - Retail

The Conference Board confidence index fell to 120.2 in January from 126.6. (Bloomberg)—U.S. consumer confidence slumped in January to the weakest...

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Google to Take Over Los Angeles Mall, Replacing Macy's, Nordstrom
News 2 months ago
Google to Take Over Los Angeles Mall, Replacing Macy's, Nordstrom
Source NREI - Retail

The approximately 14-year lease will commence when construction and tenant improvements are completed in 2022. Macy’s and Nordstrom moved out;...

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Marshalls at Mondawmin Mall to Close
News 2 months ago
Marshalls at Mondawmin Mall to Close
Source NREI - Retail

The store, which will close Jan. 12, will be the second major retailer to exit the Northwest Baltimore retail center. The Marshalls department...

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The Retail Net Lease Sector Begins to Show Slights Signs of Wear
News 3 months ago
The Retail Net Lease Sector Begins to Show Slights Signs of Wear
Source NREI - Retail

Cap rates for retail net lease assets ticked up in the third quarter, while more assets hit the market. Cap rates for retail net lease properties...

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The Retail Net Lease Sector Begins to Show Slight Signs of Wear
News 3 months ago
The Retail Net Lease Sector Begins to Show Slight Signs of Wear
Source NREI - Retail

Cap rates for retail net lease assets ticked up in the third quarter, while more assets hit the market. Cap rates for retail net lease properties...

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Retail Landlords Turn to Mom-and-Pop Shops to Fill Credit Tenant Void
News 3 months ago
Retail Landlords Turn to Mom-and-Pop Shops to Fill Credit Tenant Void
Source NREI - Retail

As consumers increasingly seek out unique experiences, mom-and-pop stores come back into vogue. The end of the traditional big-box era is creating...

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Eddie Lampert's Sears Bid Comes With a Key Demand: Legal Shelter
News 3 months ago
Eddie Lampert's Sears Bid Comes With a Key Demand: Legal Shelter
Source NREI - Retail

Eddie Lampert’s bid for Sears stores comes with a request for full release from liability. (Bloomberg)—Eddie Lampert’s $4.6 billion bid to salvage...

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Vegas Is Now Home to the ‘World’s Biggest’ Weed Store. Of Course It Is
News 3 months ago
Vegas Is Now Home to the ‘World’s Biggest’ Weed Store. Of Course It Is
Source NREI - Retail

The 40,000-sq.-ft. store opened off the Strip earlier this month. (Bloomberg)—Come for the giant neon lotus flowers, stay for the weed. That’s the...

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Colliers’ Anjee Solanki Talks About Her Expectations for Black Friday 2018
News 3 months ago
Colliers’ Anjee Solanki Talks About Her Expectations for Black Friday 2018
Source NREI - Retail

Colliers’ national director for U.S. retail services is optimistic about the retail industry’s prospects this holiday season. Thanksgiving meals...

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In Spite of Strong Consumer Sentiment, Retail Defaults in 2018 Have Outpaced the Worst Years of the Financial Crisis
News 4 months ago
In Spite of Strong Consumer Sentiment, Retail Defaults in 2018 Have Outpaced the Worst Years of the Financial Crisis
Source NREI - Retail

The retail industry is on track to close out the year with a similar number of store closings as in 2017. Despite the fact that the economy is in...

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As Sears Fights for Its Life, Creditors Say Maybe It Should Die
News 4 months ago
As Sears Fights for Its Life, Creditors Say Maybe It Should Die
Source NREI - Retail

Sears’ unsecured creditors say the retailer can’t be saved and Eddie Lampert’s plan to revive it amounts to a “foolhardy gamble with other people’s...

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Retail Industry Has High Expectations for Black Friday, Holiday Sales Season
News 4 months ago
Retail Industry Has High Expectations for Black Friday, Holiday Sales Season
Source NREI - Retail

Holiday sales numbers are expected to go up, but analysts note that the real measure of success will be impact on margins. With Black Friday and...

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Lowe's to Close 51 North American Stores, Including Two in Illinois
News 4 months ago
Lowe's to Close 51 North American Stores, Including Two in Illinois
Source NREI - Retail

National Real Estate Investor is part of the Business Intelligence Division of Informa PLC This site is operated by a business or businesses owned...

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First look: Walmart’s Hope for Redeveloping its Sprawling Parking Lots
News 4 months ago
First look: Walmart’s Hope for Redeveloping its Sprawling Parking Lots
Source NREI - Retail

National Real Estate Investor is part of the Business Intelligence Division of Informa PLC This site is operated by a business or businesses owned...

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Warby Parker Is Coming to a Suburban Mall Near You
News 4 months ago
Warby Parker Is Coming to a Suburban Mall Near You
Source NREI - Retail

National Real Estate Investor is part of the Business Intelligence Division of Informa PLC This site is operated by a business or businesses owned...

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Sears Will End Up in Liquidation, Say Experts, Proving a Mixed Blessing for Mall Landlords
News 5 months ago
Sears Will End Up in Liquidation, Say Experts, Proving a Mixed Blessing for Mall Landlords
Source NREI - Retail

National Real Estate Investor is part of the Business Intelligence Division of Informa PLC This site is operated by a business or businesses owned...

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Sears Liquidation Would Cost Seritage Half Its Rent Income
News 5 months ago
Sears Liquidation Would Cost Seritage Half Its Rent Income
Source NREI - Retail

National Real Estate Investor is part of the Business Intelligence Division of Informa PLC This site is operated by a business or businesses owned...

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Five Takeaways from WD Partners’ Research on the Future of Malls
News 5 months ago
Five Takeaways from WD Partners’ Research on the Future of Malls
Source NREI - Retail

New white paper from WD Partners finds consumers want to see farmers’ markets and food halls at malls. It’s no secret that malls are in need of...

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Can Toys ‘R’ Us and Bon-Ton Come Back from the Dead?
News 5 months ago
Can Toys ‘R’ Us and Bon-Ton Come Back from the Dead?
Source NREI - Retail

Toys ‘R’ Us lenders have called off a bankruptcy auction and are looking at opening new stores under the old brand name. After filing for...

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