Industry Headlines: October 13
- Braehead shopping centre owner changes UK photographs policy: Photographers and shopping center security have butted heads many times in the past, but one recent incident may have changed public opinion on the issue permanently. (BBC News)
- Shopping Center Industry Supports New Federal Online Sales Tax Bill: ICSC is getting behind the just-announced Marketplace Equity Act. (MarketWatch)
- Dubai to cut shopping malls down to size: Mega malls may be on the decline in the shopping capital. (Financial Times)
- Shopping centre sales strong, says GPT: Disagreement over the state of the Australian shopping centre industry continues. (Sydney Morning Herald)
- Why having Topshop in Canada rocks: Another new retailer enters the Canadian market. (Globe & Mail)
- Mall nixes dismembered-mannequin display: A look at an interesting dilemma Rideau Centre just faced. How do you deal with “extreme” window displays? (Ottawa Citizen)
- Retail inventories increase amid modest holiday sales views: Everyone seems to be in agreement — there should be a slight increase over the holidays. (Forbes)
- Vacancies at U.S. malls increase to 9.4 percent: Though they’re expected to drop over the holiday, this certainly isn’t good news. (San Francisco Chronicle)
- Biggest identity theft bust of its type in U.S. history: An impressive take down of an organized retail crime ring. (Reuters)
- Brazil Retail Sales Drop Most Since March 2010, Reinforcing Rate Cut Bets: Brazil’s retail has been strong throughout this economic uncertainty, but even it’s suffering. (Bloomberg)
- EU Proposes Optional Sales Law to Cut Trade Barriers in Region: Universal sales laws across the EU could make things much easier for international trade. (Businessweek)
- A Mall for Men: Hong Kong has a luxury mall just for men. Now how do we build that environment in other markets? (Wall Street Journal – subscription required)
- Pramerica Opens Up $3B Asia Retail Fund: Prudential Real Estate Investors has consolidated its Asian retail funds under Pramerica AsiaRetail Ltd. (GlobeSt.)
