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Top Stories for the Week of April 16, 2007
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March Same-Store Sales Jump 5.9%
NEW YORK CITY-An early Easter and warm weather in March help retailers, especially department stores, post better-than-expected gains.

Unibail To Buy Rival Rodamco for $15B
PARIS-The deal bolsters Unibail’s swath of office, retail and convention-related properties by adding a vast portfolio of prime shopping centers.

Pier 1 Begins Turnaround Strategy
FORT WORTH, TX-The struggling chain is closing 60 stores this year as part of its turnaround efforts while only opening five new ones.

Baker’s Footwear Treading Cautiously in 2007
ST. LOUIS-Steps are being taken to stem a financial slowdown that disrupted the fourth quarter of 2006.

Rite Aid Measures Acquisition Store Closings
CAMP HILL, PA-Executives won’t announce a decision on store closures until the acquisition of 1,850 Brooks and Eckerd stores is finalized next month.

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Features


GSR Hotseat
William Marquard On Wal-Mart
“Wal-Mart is actually approaching 1% of the global economy right now.”


GSR Insider
Pyramid Sale: Ongoing Trend or the End?
A potential sale of the nation’s 27th largest owner of retail space stirs speculation over who might buy.


GSR Advisor
Check Conversion Is Moving to the Back Office
Back-office conversion may provide a better alternative to check processing.

Regional Coverage
Northeast     Print Full Region
General Growth To Manage the Shops at Georgetown
Cedar JV Buys Rights for 700,000-SF Center
Vornado’s 2006 Retail Re-Ups Rise Up 33%
Commercial Real Estate Is Still Hot in Manhattan
Leesburg Retail Trades for $22M
$12M Refi Set for Shopping Center
Planet Fitness Leases 22,000 SF
Ginsberg Pays $8M for Sinking Spring Plaza
$6M Takes Grocery-Anchored Center
Southeast     Print Full Region
Ruby Tuesday Plans 65 New Locations
Krispy Kreme Cuts Loss, Hopes to Grow
Tractor Supply Q1 Comps Rise 8.5%
Ruth's Chris Plans Sites as Sales Rise
Works Starts on 115,000-SF Retail Condo Project
Two Centers Get $26M in Permanent Financing
Electronics Retailer Inks 270,000-SF Industrial Deal
Midwest     Print Full Region
McDonald’s Q1 Comps Jump 6.3%
Milwaukee Area To Get New Office/Retail Building
Menards Buys 24 Acres for 200,000-SF Store
Southwest     Print Full Region
Retail Owner Maps New Course With $271M Refi
Regency Plans 127,503-SF Center Near Houston
Retail Developer Adds Projects, Leasing Team
Phoenix Pros Explore City's Outlook
West     Print Full Region
REI Anchors GGP's Portland Mall Expansion
California Pizza Kitchen Comps Rise 4.7%
Mixed-Use Deal Includes Rent Guarantee
Nevada Casinos Increase Monthly Take
Hypo Loans $520M for Snowmass Base Village
60 LOIs In Hand for World Jewelry Center Offices
Gaming Index Posts Largest Monthly Decline


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