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TrafficCourt

Your daily dose of retail real estate industry news, views and occasional strange stuff.

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  1. dbodamer
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  1. Commercial Mortgages With Poor Forecasts Roil Bonds

    http://blog.retailtrafficmag.com/retail_traffic_court/2008/11/21/commercial-mortgages-with-poor-forecasts-roil-bonds/

    Mortgages on offices, shopping malls and hotels that were based on projections of soaring income during the real estate boom are roiling the bond market. A $209 million loan made by JPMorgan Chase & Co. …

    1 day ago
  2. It’s Official. Steve & Barry’s to Liquidate

    http://blog.retailtrafficmag.com/retail_traffic_court/2008/11/20/its-official-steve-barrys-to-liquidate/

    This was hinted at earlier in the week. Steve & Barry’s is liquidating. Three months after purchasing apparel chain Steve & Barry’s out of bankruptcy, the new owners will liquidate the remaining 173 stores after plans to operate the chain fell victim to slumping retail sales and difficulty in getting financing. …

    2 days ago
  3. New Target Prototype Being Tested

    http://blog.retailtrafficmag.com/retail_traffic_court/2008/11/20/new-target-prototype-being-tested/

    Hampton’s new Target will be molded in a new company prototype, a hybrid discount store with an expanded grocery format that will help it remain competitive with Wal-Mart, which began rolling out a similar store strategy within the last year. “It’s a mix between a general merchandise Target and a Super Target,” Anderson said. …

    3 days ago
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