The Robin Report: home furnishings are back
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Retail industry consultant the Robin Report is reporting that Wall Street is bullish on home furnishings retailers. In “The Home Run,” reporter Warren Shoulberg notes that retailers that specialize in home furnishings have seen their stock prices go up. While that could be because it is in line with the rest of the market, Shoulberg points to research that suggests that, “[t]he home market is back and that means the home furnishings market is back.”
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Retail investments have been “quite respectable”
thus far in 2013
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Retail investment sales for the year thus far have been nothing to sneeze at. That’s according to Real Capital Analytics (RCA), which reports volume at $22.5 billion since the beginning of 2013. National Real Estate Investor has the top ten deals for the year thus far in a photo slideshow, including Legends Outlets in Kansas City, KS, and Mall at Tuttle Crossing in Dublin, OH. Can you guess what the top deal has been thus far? Hint: it is “the place for me.”
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Back-to-School: bonanza or bust? |
Early August traditionally sees retailers in their second-most busy time of year – in back-to-school mode (your friendly newsletter writer recently saw a retailer in his local mall featuring Halloween supplies in early August. C’mon, really?). NJ.com reported that a 2012 National Retail Federation survey found that, “Americans spent a combined $30.3 billion on back-to-school shopping. When asked to forecast their spending this year, most said they were aiming to shave about $50 off last year’s total.”
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