Just like the field that charged out of the gate at the recent Kentucky Derby, Kimco has come out strong in 2013, with first-quarter operating results that exceeded expectations.

Our reported funds from operations (FFO) rose 6.5 percent over the prior year, and our same-site net operating income (NOI) climbed 4 percent — not only our twelfth consecutive quarter of growing NOI, but our highest quarterly increase in five years.… Read More

Big Lots. Dollar Tree. Express. J. Crew. Marshalls. These are just a handful of the U.S. retailers that have crossed the border into Canada in the past year or so. Many others aren’t far behind — including industry leader Target and, according to some reports, Nordstrom and Kohl’s.… Read More

Kimco Realty capped off a solid 2012 with a fourth quarter performance that beat analyst expectations, as the company continued to make progress on its strategic objectives and deliver improved operating results amid stronger demand for retail space.

Our reported funds from operations (FFO) as adjusted — a widely used supplemental measure of REIT performance — came in at $0.33 per diluted share in the fourth quarter, up 10 percent over the prior year.… Read More

U.S. retailers are continuing to expand steadily into the Canadian market, with merchants such as J. Crew and Tory Burch among some of the latest to open shop in Canada. Over the past few months, Target and Nordstrom have also confirmed they will be opening stores in Canada in 2013 and 2014, respectively.… Read More