|
|
 
Retailers Take a Gamble on Desperation Tactics
(International Herald Tribune - January 5, 2009)Offers like free antibiotics, three-for-one sweaters and 90-percent-off Sony PlayStations are being used as loss leaders in an effort to drive traffic and sales. (full story)
Residents Wary of Target Store Near Toxic Superfund Site
(The Sacramento Bee, Calif. - January 5, 2009)Construction of a Target store in Davis won't be delayed by the discovery of a hazardous chemical from a nearby toxic site, according to an official with the U.S. Environmental Protection Agency. (full story)
Commercial Real Estate in for Tough 2009
(Associated Press - January 2, 2009)For landlords, this promises to be a year of intense competition, more bankrupt tenants, and tightfisted lenders. For renters, it looks like a time of abundant choices and tiny - if any - price increases. (full story)
Ukrop's Store to Shut Down
(Richmond Times-Dispatch, Va. - December 31, 2008)Ukrop's Super Markets Inc. is closing one of its two Williamsburg-area stores next month, saying the housing market slowdown has stymied anticipated residential growth along Interstate 64 and failed to deliver customers. (full story)
Stop & Shop: Free Antibiotic Prescription Program
(PR Newswire - December 30, 2008)The Stop & Shop Supermarket Company, in a major consumer wellness initiative, is launching a free prescription program covering 36 generic antibiotics in nine basic categories. The program will run from January 2-March 21, (full story)
More Retail Closings in the Cards
(USA Today - December 30, 2008)Retailers will close tens of thousands of stores in 2009, and several more will file for Chapter 11 bankruptcy protection as the effects of the worst holiday retail season in 40 years sink in. (full story)
Closings Would Roil Real Estate Market
(Boston Herald - December 29, 2008)The current spate of retailer bankruptcies and those expected in the new year - along with still-healthy companies limiting or stopping their expansions - could have a ripple effect on the commercial real estate market. (full story)
Retailers Selling 2nd Black Friday
(USA TODAY - December 24, 2008)Day-after-Christmas sales will rival those of the real Black Friday, the day after Thanksgiving that kicks off the shopping season and can put retailers into money-making territory for the year. (full story)
Holiday Margins Reflect Widespread Discounting
(Market Wire - December 23, 2008)"Our November survey confirms what we have been seeing throughout the holiday season -- that retailers of all sizes have reduced prices in order to encourage shoppers and spur sales," said James P. Hallan, MRA president and CEO. "We expect the discounting to continue throughout the post-Christmas and early January period." (full story)
|
|
|
