Monday, March 26, 2012

Long Beach Retail Corridors See More Activity, But Market Still Weak

News15 new results for retail news
UK retailer Game enters administration: Half of stores close
ZDNet (blog)
By Zack Whittaker | March 26, 2012, 9:12am PDT Summary: UK gaming retail giant Game has entered administration after it found itself in financial difficulties, and ultimately could no longer afford to pay store rent or its staff.
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Central NJ retail vacancy rate falls
Dailyrecord.com
There are fewer empty stores across some of the retail corridors of central and northern New Jersey, another sign of an improvement in the economy, a commercial brokerage firm said Monday. The retail vacancy rate of the region is now 7.98 percent, ...
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Panel to weigh Forever 21's use permit: International retailer would bring 45 ...
Contra Costa Times
By JM BROWN - Santa Cruz Sentinel SANTA CRUZ — The city's Planning Commission on Thursday will consider the first special use permit for a large downtown retail proposal since post-earthquake redevelopment plans were updated a dozen years ago.
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Retail lobby group slams Customs review over failure to consult with industry
SmartCompany.com.au
The review by the Low Value Parcel Processing Taskforce was initiated by the Federal Government following a Productivity Commission report in November last year about the future of the retail industry. In establishing the taskforce, Labor MP Bill ...
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Online retail gems: What "fat and lazy" David Jones missed by knocking back a ...
SmartCompany.com.au
Deals Direct chairman Paul Greenberg says David Jones squandered a great opportunity by failing to meet with fellow online retailer Gabby Leibovich. DailyDeals and Catch Of The Day co-founder Gabby Leibovich made headlines after he branded David Jones ...
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Long Beach Retail Corridors See More Activity, But Market Still Weak
Long Beach Business Journal - Long Beach News
By Sean Belk - Staff Writer March 27, 2012 - Commercial real estate brokers and property owners say they are more upbeat about the local retail market, as activity has perked up in recent months and businesses have shown an interest in space at ...
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Kirkcaldie & Stains rejects offer for unprofitable retail business
National Business Review
Kirkcaldie & Stains has ended discussions with a potential buyer of its unprofitable retail business, saying the parties have "substantially different" views on the unit's value. The Wellington-based company said it won't hold any further discussions ...
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Exclusive: Blackstone, Bain prepare Michaels Stores IPO
Chicago Tribune
NEW YORK (Reuters) - Blackstone Group LP and Bain Capital LP plan to take Michaels Stores Inc public, nearly six years after they bought North America's largest retailer of arts and crafts for more than $6 billion, four people familiar with the matter ...
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Plan to turn Bader Field into retail, housing complex revealed at Atlantic ...
Press of Atlantic City
And within the next decade, the city should line up a developer for a housing and retail complex that highlights bayfront views and water-based activities, meanwhile meeting sustainable design standards with features such as green roofs to reduce heat ...
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Stores Go to the Edge
Wall Street Journal
By LAURA KUSISTO Williamsburg's isolated waterfront is about to get a long-awaited retail boost, with a new gourmet grocery store, restaurant and bike shop set to move into the Edge condo project. Through the early years of the downturn, ...
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Bricks-and-mortar stores still popular
The Australian
A BRIGHT spot has appeared for the retail sector amid gloomy speculation that internet shopping will suffocate bricks-and-mortar stores. Australian consumers still rank being physically in a store as their top shopping experience and they should be ...
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First Banks to exit Florida retail banking market
STLtoday.com
Four years after expanded its bank branch network to Florida, First Banks is quitting the Sunshine state. Clayton-based First Banks signed an agreement in late January to sell its 19 branches in Florida to an unidentified financial institution.
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CFS sells mall stake
The Australian
LISTED CFS Retail Trust has sold a 50 per cent stake in a Brisbane shopping centre for $366 million and will begin a buyback program of securities next month. The trust sold the stake in The Myer Centre Brisbane to ISPT, a leading unlisted property ...
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MacMall Announces Grand Opening of New Retail Store in Chicago
EON: Enhanced Online News (press release)
(EON: Enhanced Online News)--MacMall, a leading authorized reseller of Apple products and a brand of a PC Mall, Inc. subsidiary (NASDAQ: MALL), today announced that the grand opening event for its new retail store located at 329 W. Grand, Chicago, ...
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Fashion Retailer Launches Integrated Ecommerce Website
Scoop.co.nz (press release)
Australian fashion label GASP, boutique stockist of international clothing labels Sherri Hill and Jovani, has launched a brand new online retail offering with New Zealand ecommerce specialists, Solutionists. www.gaspjeans.com.au boasts full integration ...
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