Industry Headlines: January 12
- Blackstone Joins DDR to Buy 46 Shopping Centers in U.S. for $1.43 Billion:The purchase makes Blackstone the second-largest U.S. owner of neighborhood and community shopping centers. (Bloomberg)
- Is Apple the Answer to Target’s Problems?: December was a difficult month for Target, but rumor has it Apple may yet save the day.
- Big Department Stores Help Brand ‘Fashion Star': Reality TV might be just what the fashion world needs. (MediaPost)
- Nordstrom Lowers Price of Rewards: The retailer is making its loyalty program more appealing with more perks and cheaper rewards. (Wall Street Journal)
- India lifts restrictions on FDI in single-brand retail: After tense negotiations, foreign investment in Indian retail goes through. (Reuters)
- Shopping centers with grocery stores poised to grow this year: While the big boxes falter, grocery stores are still going strong. (Washington Post)
- Trendspotter shares what to watch in retail in 2012: The big trends to watch for. (NRF)
- Retailers stuff their stores with QR codes: Front windows are a popular location, but retailers are experimenting with every place to put them. (Internet Retailing)
- Gulf malls risk ghost brands as retail recession claims victims: Brands that haven’t survived in the US and UK may still be represented with successful locations in the Gulf. (Arabian Business)
- Shopping Center Leasing Increases in U.S. as Consumer Confidence Increases: Lease rates are officially up for the first time in 15 years. (Bloomberg)
