Sears Canada to Liquidate With the Loss of 12,000 Jobs

(Bloomberg)—Sears Canada Inc. plans to liquidate its remaining stores with the loss of about 12,000 jobs, unable to fend off the march to online shopping after operating in malls and towns across the…

Forget Amazon, Says Investor Backing Brick-and-Mortar Retailers

(Bloomberg)—It hasn’t been a good year for traditional retailers on either side of the Atlantic. Yet multiple store closures, bankruptcies and profit warnings -- with the finger often pointed toward…

How to Increase the ROI of Today’s Grocery-Anchored Retail

It’s an inexorable fact of human existence that some people can adapt well to change and others struggle. It is no different in the world of real estate. Brick-and-mortar infrastructure has historically…
Shake Shack

Danny Meyer on How Automation Won't Hurt Shake Shack Hospitality

(Bloomberg)—Beloved burger chain Shake Shack recently announced plans to use automated kiosks in lieu of employees to take orders at its new Astor Place location. The news rather awkwardly coincided with…

10 Must Reads for the CRE Industry Today (October 9, 2017)

Small upscale office developments are attracting high-end tenants, reports the Wall Street Journal. Wal-Mart is slashing the amount of time it takes to make a return to 30 seconds from five minutes, according to CNBC.…

Investors Look for Bargains in Undervalued Markets

Property values have surged steadily higher in the prolonged recovery. But that high tide isn’t raising all boats as some metros are still falling short of 2007 pricing. The broader commercial real estate…

10 Must Reads for the CRE Industry Today (October 4, 2017)

The Amazon deal is working out for Whole Foods, according to the New York Post. MarketWatch looks at the 10 best cities with low apartment rents. These are among today’s must reads from around the commercial real estate industry.

Prices Rise for Apartment Buildings, But Fewer Properties Sell

Investors continue to buy fewer apartment properties than they did last year. Yet prices continue to rise. “It’s another down month for volume, but prices are still increasing,” says James Costello,…

10 Must Reads for the CRE Industry Today (October 5, 2017)

Hotels, casinos and law enforcement agencies are evaluating security vulnerabilities in light of the mass shooting in Las Vegas, according to The New York Times. CNBC reports that seasonal tenants like Spirit Halloween are helping to fill…

Amazon Is Said to Test Delivery Service to Rival FedEx, UPS

(Bloomberg)— Inc. is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two…