Industry Headlines for Dec. 18th


Children may have been good, and yet…

New York Times, US

Louis Niko, who has been playing Santa Claus at the Phillipsburg Mall for the past 12 years, still asks the children who bounce on his lap if they have been naughty or nice, but when it comes to taking their gift requests in these difficult economic times, the man dressed in snow-white whiskers and a bright red suit is no longer making promises …

General Growth fails to reach accord on Vegas loans

Bloomberg, US

General Growth Properties Inc., the second-largest U.S. mall owner, failed to reach unanimous agreement with lenders on extending the maturity of $900 million in loans for properties in Las Vegas that were due on Dec. 12. Asked if the company was in default on the Las Vegas loans, General Growth spokesman Tim Goebel said the lenders “haven’t acted against us and we’re talking” …

Shopping spree defies downturn

Press Association, UK

Retailers reported a week’s bumper Christmas shopping spree that has defied the economic downturn and bucked two months of disappointing retail sales figures. Across the country the high streets and shopping centres have seen the numbers of shoppers exceed expectations with just 10 full shopping days remaining before Christmas …

Casuarina Square cop shop open for business

Northern Territory News, AU

Four police officers are now permanently on the beat at Darwin’s troubled Casuarina Square. The constables will patrol the shopping centre and its surrounds during trading hours. They will work closely with the centre’s 24-hour security and will be based at a new police shopfront beside the Body Shop.

Boxing Day sales come early

Calgary Herald, CA

Retailers are giving Calgary consumers a Christmas gift this year — Boxing Day sales are already taking place. “I think retailers are starting to do all their sales a lot earlier this year, including Boxing Day,” said John Torella, senior partner for the J. C. Williams Group Ltd., a retail consultant in Toronto …

Shopping center hosts temporary pet adoption center

CBS 47, US

It’s a new way to provide permanent homes for pets in the Valley. Amidst the holiday sales, you’ll find a new pet center at the River Park Shopping Center in North Fresno …

O, come to mall, ye faithful

Geelong Advertiser, AU

MORE than 30 people made a congregation at Geelong’s Westfield shopping centre yesterday and celebrated its first mass. Geelong Catholic Deanery has opened the Wing And A Prayer chapel, bookshop and pastoral information source in the Westfield building facing Malop St. St Mary’s parish priest Father Kevin Dillon believes the faith hub might be the first of its kind in Australia …


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