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Retail vacancies put the squeeze on Sitt

Real estate investor Joseph Sitt has placed a slew of Manhattan buildings up for sale, potentially to raise hundreds of millions of dollars as he faces costly retail vacancies in his sprawling... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 21st, 2017

ICYMI: Retail vacancies put the squeeze on this developer

To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 24th, 2017

UK holiday spending squeezed by Brexit-related inflation

Official figures show that retail sales in Britain sank in the holiday shopping month of December as higher prices squeeze consumers' spending power......»»

Category: topSource: foxnewsJan 19th, 2018

UK retail sales sink 1.5 percent in holiday shopping month

Official figures show that retail sales in Britain sank in the holiday shopping month of December as higher prices squeeze consumers' spending power......»»

Category: topSource: foxnewsJan 19th, 2018

Britain has lost 65,000 retail jobs since Brexit vote

Britain has lost 65,000 retail jobs since it voted to leave the European Union, a decline fueled by increased online competition and a Brexit-induced wage squeeze......»»

Category: topSource: cnnDec 13th, 2017

A mix of consumers power Center City"s retail scene

Some vacancies have popped up and fewer tenants are in the market as retailing continues to undergo a transformation......»»

Category: topSource: bizjournalsDec 5th, 2017

Retail vacancies remain high, giving tenants more wiggle room

Retail tenants have flexibility to lease stores for shorter periods of time as landlords become increasingly eager to fill space amid rising vacancy rates and falling rents, according to The Wall... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 5th, 2017

British shops gobble up U.S. retail vacancies

The British are coming. As American brick and mortar retailers file for bankruptcy, leaving desirable retail vacancies in their wake, British brands are scooping up the available leases......»»

Category: realestateSource: realestateweeklyNov 30th, 2017

L.I. shopping centers pivot to address growing vacancies

2017 won’t go down as Long Island’s best commercial real estate year in terms of retail activity, but it was still a far cry from the great downturn of 2008. Long Island’s retail landscape is transformi.....»»

Category: realestateSource: realestateweeklyNov 30th, 2017

Investor thinks retail has an upside—if the price is right

The retail market is not as bad as it looks, at least if you're Jack Terzi. The real estate investor is taking advantage of pessimism over falling rents and rising vacancies in the sector to scoop... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 1st, 2017

British retail sales slip amid household income squeeze

Official figures show that retail sales in Britain fell by a bigger than anticipated 0.8 percent in September, a drop that analysts say has its roots in the squeeze on household incomes by a spike in inflation......»»

Category: topSource: foxnewsOct 19th, 2017

UK Consumer Spending Sharply Declines in August

British retail sales growth slowed in August at the fastest pace in more than a year as the squeeze on consumers from rising prices continued, according to a survey.....»»

Category: topSource: marketpulseAug 24th, 2017

Amid sinking retail market, SoHo falls particularly hard

The SoHo retail market has been hit especially hard by the city’s distressed retail market, with sharply rising vacancies and dropping rents, The Wall Street Journal reported. The problems... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 11th, 2017

US mall vacancies edge up

Seph Lawless(Reuters) - U.S. retail mall vacancies increased in the second quarter and rents were slightly higher, real estate research firm Reis Inc said in.....»»

Category: topSource: businessinsiderJun 28th, 2017

U.S. retail mall vacancies edge up in second quarter

U.S. retail mall vacancies increased in the second quarter and rents were slightly higher, real estate research firm Reis said in a report......»»

Category: topSource: foxnewsJun 28th, 2017

Possible retail vacancies: 4 more Payless stores in Austin area could close

Payless Shoesource Inc. has increased the number of stores it plans to close and is in negotiations regarding even more. When Topeka, Kansas-based Payless filed for Chapter 11 bankruptcy April 4, it said it would immediately close 400 underperformi.....»»

Category: topSource: bizjournalsJun 2nd, 2017

Experts downplay ‘overblown’ effect of online retail on stores

When it comes to retail, the times they are a changin’. That’s what real estate executives are saying as the number of vacancies and average retail rents in New York .....»»

Category: realestateSource: realestateweeklyApr 25th, 2017

NYC Retail Vacancies Soar Prompting Massive Rent Concessions

It used to be that taking a 10-minute walk around SoHo meant passing by at least a dozen upstart, trendy fashion retailers eager to sell you a $500 hoodie or $1,000 pair of sneakers.  But these days you're m.....»»

Category: blogSource: zerohedgeMar 28th, 2017

Manhattan Retail Vacancies Soar

It used to be that taking a 10-minute walk around SoHo meant passing by at least a dozen upstart, trendy fashion retailers eager to sell you a $500 hoodie or $1,000 pair of sneake.....»»

Category: blogSource: zerohedgeMar 8th, 2017

Retail sales tumble amid spending squeeze - Eagle Radio

Herald ScotlandRetail sales tumble amid spending squeezeEagle RadioRisin.....»»

Category: topSource: googlenewsFeb 19th, 2017

Vacancies plague the retail real estate market

The city’s retail market is riddled with vacancies, according to the New York Post. According to a retail report from the Real Estate Board of New York, 11 of 17 major shopping corridors saw... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 19th, 2017