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U.S. Shopping Mall Vacancies Reach 10-Year High as Stores Fail (Bloomberg)
Jan. 7 (Bloomberg) -- Vacancies at U.S. malls and shopping centers approached 10-year highs in the fourth quarter, and are set to rise further as declining retail sales put more stores out of business, research firm Reis Inc. said. New Monroe Outlet Mall Taking Shape, On Schedule To Open (WLWT-TV Cincinnati)
Tri-State shopping fans will soon have more than 100 new stores to peruse as the outlet mall going up in Monroe is getting closer to completion. Stage sales fell behind other stores (The Morning Sun)
The Stage department store inside Meadowbrook Mall, which will close on Jan. 24, struggled since its opening to perform as well as other stores inside the mall, according to J. Todd Ewing, vice president and general manager of the Meadowbrook Shopping Complex. Action Real Estate Company signs a 2500 Sqm contract with Alghanim Electronic...
Action Real Estate Co. (AREC), a successful Kuwaiti real estate developer, signed a 2500 Sqm showroom contract with Alghanim Electronics Showroom, one of the biggest tenants in Sahari Mall located in the most important shopping address in Jahra - Marzouk Al Meteb Street. Midway?s owner: Mall?s not closing, 4 stores are (The Elyria Chronicle-Telegram)
ELYRIA ? The retail world is brimming with uncertainty given the dismal economy, but for now Midway Mall is not in peril, its owners say. ?The mall is not closing,? said Midway Mall spokeswoman Susan Godorov, vice president of marketing for Centro Properties Group, the mall?s parent company. ?If that?s the rumor, there is [...] Business as usual at Adams (Oldham Chronicle)
STAFF at the Adams Kids store in Oldham were working normally yesterday after administrators announced the closure of 111 stores. Employees at the Oldham store on the lower mall of the Spindles shopping centre were unable to comment on their futures. Midway Mall losing business: 5 stores to close by month's end, including New ...
ELYRIA ? Midway Mall could be closing its doors as five stores are set to close by next month, according to mall employees. A Macy's employee said the Cleveland Clinic is interested in buying the mall if and when it closes. Goody's leaves hole in Richmond mall (Lexington Herald-Leader)
Goody's Family Clothing is closing all stores and liquidating, according to media reports, leaving a hole in the newly opened Richmond Centre development south of Lexington. The chain, which had emerged from bankruptcy protection in October, couldn't restructure credit deals, according to a Dow Jones report on Tuesday. The primarily Southeast retailer had difficulty competing against ... Rogers Plaza moves toward foreclosure, but stores still operating (The Grand ...
A federal judge in New York has approved turning the ownership of Rogers Plaza shopping center back to Flint-based Citizens Bank and another investor. ? Read the story Local investors acquire Great Mall of the Great Plains (The Kansas City Star)
The Great Mall of the Great Plains has new local owners who plan to rename and revitalize the long-struggling Olathe shopping center.
