Office market’s recovery will outpace retail amid “viability” questions, Zell says
Billionaire investor Sam Zell has a sharp prediction for those cheering on the retail market’s recovery. Appearing Tuesday in...
Retail
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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...
Weekend Edition
No Parking: Report says big box retail seeking less space for cars
They paved paradise and put up a much smaller parking lot. The Sightline Institute, which promotes sustainable development in...
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...
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...
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...
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...
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...
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...
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....
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