It seems we were right.
The last time we discussed the Marketplace Fairness Act the bill was gaining momentum. The U.S. Senate had just passed the bill in a 69-27 vote, and brick-and-mortar retailers and supporters nationwide rejoiced.
But we projected there was still a long road ahead to passing this critical piece of legislation into law.… Read More
I would like to congratulate our very own Glenn Cohen for being named CFO of the Year by the editors of Long Island Business News (LIBN). Glenn was recognized in the category of public companies with revenues above $50 million.
Long Island Business News’ CFO of the Year Award honors top financial officers on the island for their outstanding fiscal leadership and asset management efforts, as well as their contributions to their company’s performance and their community.… Read More
Jim Cramer invited Kimco to be on his CNBC show, “Mad Money,” last week to talk about Kimco’s solid fourth quarter 2011 earnings results. We also got to talking about what I see as an important trend in the retail market — constrained retail space — and why I believe Kimco is well-positioned to take advantage of this.… Read More
Today, Kimco is cutting the virtual ribbon on our new blog.
It’s the place where the Kimco executives and associates you work with will be taking you inside the company. We’ll be writing about our insights and perspectives on the changing face of retail real estate and how it impacts local and national economies.… Read More
Thousands of REIT investors and professionals are in Dallas this week for REITWorld 2011, NAREIT’s annual convention. REITWorld 2011 is the largest and most widely attended event in the REIT industry. Naturally, we wouldn’t miss it.
I’m speaking on the Retail Sector Spotlight panel tomorrow from 10 a.m.… Read More
One vote down, one to go. The Marketplace Fairness Act is finally moving through Congress, with the U.S. Senate passing the bill on May 6th by 69-27. The act would give states the authority to collect sales tax from online retailers — just as they do with brick-and-mortar retailers — to at last level the playing field between the two sellers.… Read More
Jim Cramer invited Kimco back on his CNBC “Mad Money” show last night to discuss our second quarter 2012 earnings results. We also talked about the country’s fastest-growing retailers and Kimco’s retail strategy for the balance of the year.… Read More
I’m the current Chairman of the International Council of Shopping Centers (ICSC). In this role, I feel it is important to engage support for a crucial issue facing brick-and-mortar retailers: the unfair sales tax structure that is hurting our neighborhood shopping centers and main street retailers.… Read More
The ICSC RECon 2012 conference next week in Las Vegas will be bittersweet for me. I’ll certainly enjoy mixing again with many of the best and brightest in the retail world, but this year’s gathering also marks the end of my year-long tenure as chairman of ICSC (International Council of Shopping Centers). … Read More
Today I’m headed to New York City for the International Council of Shopping Centers (ICSC) 2011 National Conference and Deal Making Meeting, the East Coast’s largest real estate conference.
The Kimco team, including employees, board of directors, and other associates, headed to Wall Street on Nov. 3 to ring The Closing Bell at the New York Stock Exchange. 15 Kimco employees — including our founder, Milton Cooper — gathered on the NYSE podium to honor 20 years of trading under the ticker KIM.… Read More