Chicago’s upscale convenience store chain raises $100M to open 50 retail locations
Foxtrot, Chicago’s upscale convenience store chain, is beating the pandemic odds, expanding at a time when brick-and-mortar retailers are...
Retail
The Latest
Jobs in warehousing and storage above pre-pandemic levels; hospitality showing strong recovery
Employers added just under 200,000 new jobs in December, including in leisure and hospitality, construction and warehousing, according to the Department of Labor. The...
National
Holiday sales jumped 11% from pre-pandemic levels
Despite concerns over supply chain issues, inflation and the omicron variant’s spread, one report says retailers had a holly...
National
CIM Real Estate Finance Trust selling retail portfolio for $1.3B
CIM Real Estate Finance Trust announced Monday it entered an agreement to sell all of its shopping centers to...
National
Retail foot traffic is picking up, but shoppers are still cautious
Between holiday shopping and a slow return to the office, downtown districts across the country notched slight boosts in...
National
Open-air retail complexes enjoy breath of fresh air, hitting new peaks amid recovery
U.S. retail is slowly regaining steam in the wake of the pandemic, but open-air shopping centers can boast recent...
National Issue
Diminished return: What’s next for ICSC?
After a nearly-two-year Covid hiatus, ICSC’s return to Las Vegas last week attracted a tepid response from the industry, leading some to wonder whether it was merely a temporary symptom of the pandemic or...
National
US mall values plummeted by one-third in 4 years
New data on United States mall values are the latest sign of how far the once-glorious retail centers have...
National
Fear and loathing at ICSC’s resurrected Vegas conference
The eve of ICSC’s conference in Las Vegas is traditionally a last bastion of hedonism for real estate bros....
National
Black Friday retail traffic stuck below pre-pandemic levels
Even after the peak of the pandemic, Black Friday no longer appears to be the saving grace of retailers...
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