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6 reasons why U.S. retailers are expanding into Canada
Kelly Smithon March 28, 2012
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
Chile’s new Sodimac home improvement store continues to break ground underground
Gonzalo Castroon February 9, 2012
Sodimac Home Center and Constructor went below the surface to take home improvement shopping to new heights in Viña del Mar, Chile. In December, Sodimac opened its latest location on the underground floor of Kimco’s Espacio Urbano Viña Centro shopping center.… Read More
4 ways brick-and-mortar retailers can fight back against Amazon’s Price Check app
Paul Pumaon December 28, 2011
I’m not going to tell you how irate brick-and-mortar retailers are with Amazon, because you already know — you’re feeling it yourself. You’ve been trying to overcome its unfair sales tax advantage. You’ve been grappling with its ongoing “attack on Main Street businesses,” as Sen.… Read More
What will drive changes to the traditional mall format?
Mike Pappagalloon March 20, 2012
Earlier this year we blogged about 12 retail real estate trends to watch in 2012. We’ve gotten a number of responses to it, including this one from Eric Odem, Principle Broker for Net Lease Commercial Advisory in Tampa, Fla.:
Mike, as the average age of our US malls continues to increase, when do you think we will start to see meaningful rework of the old style mall to become more sensitive to the shrinking large box and e-tailers?
12 retail real estate trends to watch in 2012
Mike Pappagalloon January 18, 2012
There are several factors anchoring our thinking as to how 2012 will play out for the retail real estate market. We look at the market trends that have shaped and are continuing to shape the industry, the economic climate domestically and abroad, as well as activity happening in our portfolio and the trends we’re seeing among our tenants.… Read More
Driving holiday foot traffic is no small feat
Mike Pappagalloon December 22, 2011
Hear that? That’s the sound of retailers across the country catching their second wind for the big holiday shopping finale. As you’ve probably already read, consumers spent $11.4 billion on Black Friday, $52.4 billion over Black Friday weekend, and $1.25 billion on Cyber Monday — all record numbers.… Read More
7 capital market trends to watch in 2012
Glenn Cohenon March 14, 2012
Several factors are converging in 2012 to help the capital markets stabilize after experiencing significant volatility last year. Although some issues remain uncertain — particularly Europe’s financial struggles — several areas of the market are rebounding and gaining momentum. Here are seven capital market trends Kimco is watching in 2012, and how we see them impacting retail real estate throughout the year.… Read More
Kimco in the news: December 2011
Dave Bujnickion January 4, 2012
Several more Kimco people and properties have been in the news since we posted our last media coverage wrap-up. Here’s a round-up of some more December stories in case you missed them:
Newsday's feature of CEO Dave Henry
“Executive Suite: David Henry.” Newsday’s Christine Giordano interviewed our CEO, Dave Henry, for the publication’s weekly Executive Suite column.… Read More
REITWorld 2011 in review
Dave Henryon December 9, 2011
REITWorld 2011 was a great conference. Now that our team is back from the show and we’ve shaken off the Thanksgiving respite, I wanted to recap how things went and share some of the biggest trends I see happening in the REIT industry today.… Read More