The biggest retail news story right now is, naturally, the 2012 holiday shopping season results. In November and December, national retail sales and foot traffic each increased 2.5 percent compared to the same two months last year, according to ShopperTrak.

Kimco has been discussing this story, as well as many others over the past quarter, in national and local media outlets.… Read More

Kimco’s recent offer of $225 million of perpetual preferred stock provides a clear indication of the state of the capital markets these days.

We were able to get the deal done at 5.50 percent, which is the lowest coupon ever issued by a REIT, and believed to be the lowest coupon ever for a perpetual preferred security of any kind.… Read More