Weeekly CRE and Retail Article Supplement – April 13th, 2012

Please see supplement to the article links I posted yesterday.  Please enjoy over the weekend.

http://www.pe.com/business/business-columns/retail-headlines/20120412-retail-shopping-centers-panel-talks-growth.ece

RETAIL: Shopping centers panel talks growth

http://www.linkedin.com/news?viewArticle=&articleID=5596195156354150448&gid=2500015&type=member&item=107400720&articleURL=http%3A%2F%2Fwww%2Eglobest%2Ecom%2Fnews%2F12_327%2Fchicago%2Fretail%2FNet-Lease-Cap-Rates-Likely-to-Remain-Flat-320504%2Ehtml&urlhash_107400720

Net Lease Cap Rates Likely to Remain Flat

http://retailtrafficmag.com/news/best_buy_store_experience_04122012/?NL=RET-01&Issue=RET-01_20120412_RET-=0Z0K&goback=%2Egde_2500015_member01_747&YM_RID=shawnm@theshoppingcentergroup.com&YM_MID=1304920

Best Buy Should Concentrate on Store Experience Instead of Store Count, Retail Experts Say

http://blog.retailtrafficmag.com/retail_traffic_court/2012/04/12/how-to-fight-online-rivals-part-ii/?NL=RET-01&Issue=RET-01_20120412_RET-01_747&YM_RID=shawnm@theshoppingcentergroup.com&YM_MID=1304920

How to Fight Online Rivals, Part II

by Elaine Misonzhnik April 12th, 2012

http://www.costar.com/News/Article/Riley-Joins-Colliers-Mgmt/137329

Riley Joins Colliers Mgmt

New Broker Appointed to Lead Memphis Asset Services Division

http://www.commercialappeal.com/news/2012/apr/13/once-thriving-delta-square-shopping-center-sold/

Once-thriving Delta Square shopping center sold

Top bid is $550,000; property is likely to be razed

http://www.memphisdailynews.com/news/2012/apr/13/southland-sells-parcels-to-bank-for-1-million/

 Southland Sells Parcels To Bank For $1 Million

By Sarah Baker

http://www.technomic.com/Pressroom/Releases/dynRelease_Detail.php?rUID=161&utm_campaign=Top+5+News+Items+-+April%2013,%202012&utm_content=shawnm@theshoppingcentergroup.com&utm_medium=FSMTop10%3a+Top+5+04+13+2012+4%2f12%2f2012&utm_source=TailoredMail&utm_term=Read+more…&

Pizza occasions grow with key sales drivers including innovation, convenience and versatility, finds Technomic

http://www.businesswire.com/news/home/20120410006303/en/Foods-Helping-Customers-Join-Gourmet-Burger-Trend

US Foods Helping Customers Join the Gourmet Burger Trend, Stand Out from the Crowd

http://www.reuters.com/article/2012/04/06/usa-retailproperty-vacancies-idUSL2E8F588K20120406

REIS: US strip-mall vacancy falls 1st time in 7 yrs
Reuters—04/06

http://www.chicagotribune.com/business/la-fi-retail-sales-20120406,0,1301480.story

Major chain stores post a healthy 4.3% sales gain in March
Chicago Tribune—04/06

http://online.wsj.com/article/SB10001424052702304072004577326061073548678.html

Drop in Store Vacancies Signals Possible Mall Rebound
Wall Street Journal—04/05

http://www.costar.com/News/Article/Best-Buy-Is-No-Circuit-City/137276

Best Buy Is No Circuit City…

“To that, we would have to point out the fact that Best Buy is now selling almost as many iPhones as Apple itself… so that gloomy outlook may be jumping the gun,” Garrick Brown, Research Director of Chainlinks/Terranomics said.
Costar—04/04

http://www.chainstoreage.com/article/convenience-store-sales-totaled-682-billion-2011?ad=news

Convenience store sales totaled $682 billion in 2011
Chain Store Age—04/04

http://www.consumerreports.org/cro/magazine/2012/04/independents-are-all-stars-among-sporting-goods-stores/index.htm

Independents are all-stars among sporting-goods stores–Chain stores such as Dick’s Sporting Goods, Modell’s, and The Sports Authority don’t make shoppers as happy
Consumer Reports—04/08

http://www.msnbc.msn.com/id/46969072/ns/business-us_business/#.T4JLdpkV2Sp

Sector Snap: Clothing stores have a strong March

MSNBC—04/06

http://blogs.ajc.com/jay-bookman-blog/2012/04/06/the-death-of-retail-not-quite-but/

The Death of Retail’? Not quite, but….
Atlanta Journal Constitution—04/06

http://supermarketnews.com/retail-amp-financial/early-easter-boosts-march-sales

Early Easter Boosts March Sales
Supermarket News—04/05

http://www.chainstoreage.com/article/deloitte-survey-finds-consumers-more-optimistic-looking-shop-more-discount-stores?ad=news

Deloitte survey finds consumers more optimistic; looking to shop more at discount stores
Chain Store Age—04/04

http://online.wsj.com/article/SB10001424052702304177104577314272014146542.html?NL=NRN-03&Issue=NRN-03_20120403_NRN-03_78&YM_RID=%60email%60&YM_MID=%60mmid%60

Restaurants Expect Spring Will Bring a Warming Trend
Wall Street Journal—04/01

http://www.retailingtoday.com/article/jcpenney-slashes-personnel-streamline-business

JCPenney slashes personnel to streamline business
Retailing Today—04/06

http://www.bizjournals.com/albuquerque/news/2012/04/04/lowes-has-plan-to-improve-against.html?ana=e_du_pub&s=article_du&ed=2012-04-07

Lowe’s has plan to improve against Home Depot, eyes acquisitions
New Mexico Business Weekly—04/05

http://www.chainstoreage.com/article/bed-bath-beyond-q4-24-will-open-40-stores-fiscal-2012?ad=news

Bed, Bath & Beyond Q4 up 24%; will open 40 stores in fiscal 2012
Chain Store Age—04/05

http://www.retailingtoday.com/article/bbby-finishes-year-strong?ad=news

BBBY finishes year off strong
Retailing Today—04/05

http://www.thefiscaltimes.com/Columns/2012/04/04/How-the-Gap-Got-Back-in-Style.aspx#page1

How the Gap Got Back in Style
Fiscal Times—04/04

http://www.marketwatch.com/story/gap-to-get-more-teens-ringing-the-register-2012-04-04

Gap to get more teens ringing the register
Marketwatch—04/04

http://www.reuters.com/article/2012/04/03/us-gamestop-idUSBRE8320U320120403

GameStop sees solid future despite video game shift to digital
Reuters—04/03

http://www.chainstoreage.com/article/and-name-hm%E2%80%99s-new-chain-is%E2%80%A6?ad=news

And the name of H&M’s new chain is…
Chain Store Age—04/02

http://www.retailingtoday.com/article/new-execs-part-charming-charlie-growth-strategy?ad=news

New execs part of Charming Charlie growth strategy—planning on opening 60 units in 2012
Retailing Today—04/02

http://www.chainstoreage.com/article/costco-announces-new-locations?ad=news

Costco announces new locations; will open at least 8 new stores thru September 2012
Chain Store Age—04/05

http://www.dailyfinance.com/2012/04/04/food-deserts-where-have-all-the-inner-city-grocery-stores-gone/

Food Deserts: Where Have All the Inner-City Grocery Stores Gone?
Daily Finance—04/04

http://www.bizjournals.com/sanfrancisco/blog/2012/04/wal-mart-beats-down-local-opposition.html?ana=e_du_pub&s=article_du&ed=2012-04-07

Wal-Mart beats down local opposition to small store sites
San Francisco Business Times—04/03

http://nrn.com/article/sbarros-open-test-units-tweak-menu?ad=news

Sbarro to open test 10 units, tweak menu
Nation’s Restaurant News—04/06

http://www.qsrweb.com/article/192774/Good-Times-begins-restaurant-remodeling-effort

Good Times begins restaurant remodeling effort
QSRWeb—04/06

http://nrn.com/article/burger-king-eager-take-mcdonald%E2%80%99s?ad=news

Burger King eager to take on McDonald’s
Nation’s Restaurant News—04/04

http://nrn.com/article/casual-dining-restaurants-raise-stakes-lunch?NL=NRN-05&Issue=NRN-05_20120405_NRN-05_459&YM_RID=%60email%60&YM_MID=%60mmid%60

Casual dining raises stakes at lunch
Nation’s Restaurant News—04/04

http: www.qsrweb.com/article/192648/Dunkin-Donuts-plans-8-state-expansion

Dunkin’ Donuts plans 8-state expansion
QSRWeb—04/04

http://nrn.com/article/pf-chang%E2%80%99s-fast-casual-pei-wei-asian-market-debuts?ad=news

P.F. Chang’s debuts Pei Wei Asian Market
Nation’s Restaurant News—04/03

http://www.restaurantnews.com/restaurant-chain-growth-report-4312/

Restaurant Chain Growth Report 4/3/12
Restaurantnews.com—04/03

http://nrn.com/article/captain-d%E2%80%99s-sales-trends-gain-momentum-growth-tap?ad=news

Captain D’s sales trends gain momentum, growth on tap
Nation’s Restaurant News—04/02

http://www.qsrweb.com/article/192533/Culver-s-plans-to-add-25-to-30-units-this-year

Culver’s plans to add 25 to 30 units this year
QSRWeb—04/02

http://nrn.com/article/ruby-tuesday-buy-lime-fresh-24m

Ruby Tuesday to buy Lime Fresh for $24M
Nation’s Restaurant News—04/05

I hope you will check out future weekly commentary at

www.RetailRocksintheMidsouth.com.   If you enjoy the commentary please subscribe online.

Cheers,

Shawn

Shawn Massey, CCIM, SCLS is a partner with The Shopping Center Group a 3^rd party retail real estate advisory firm in their Memphis office, an adjunct professor in the graduate real estate program at The University of Memphis and a co-founder and Chairman of the Board for the Memphis Business Academy charter schools (K-12grade) in the Frayser area of Memphis.  

For all your retail real estate needs (tenant representation, landlord representation and property, investment & land sales) I hope that you will choose The Shopping Center Group and me to represent you and your business.  We understand that representation is a privilege and that you have a choice!