Industry Headlines: March 11th
- Liberty Intl unveils demerger, fall in NAV: Britain’s biggest mall owner plans a major split. (Reuters, US)
- The key to higher retail spending: Predictions for the upcoming year in Australian retailing. (Inside Retailing, AU)
- Report: Gen Y Will Spend Us Into Recovery: Boomer spending is down, and tech-craving youth is leading the way. (MediaPost, US)
- General Growth offered $3.9B infusion: This should go a long way to helping GGP’s recoveries. (Charlotte Business Journal, US)
- Shopping malls show signs of life: Our carefree spending days are coming back. (Sign On San Diego, US)
- Wal-Mart Brings Back Goods as Shoppers Turn to Lowe’s: Deep cuts to product assortment have cost Wal-Mart a few customers. (Bloomberg, US)
- Retailers Expected to Close Fewer Stores in 2010: There’s something to be happy about. (CoStar Group, US)
- Mall steers shoppers to its garage with bogus signs on parking meters: Not the way to increase your incremental income. What an unfortunate turn of events. (New York Daily News, US)
