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December 26, 2012

  Top Story 

Bramalea City Centre Increases Upper-Level Traffic with Indoor Play Area "The new play area makes us unique because our competitors don't have anything similar," says Andrew Butler, General Manager. "It also helps drive traffic to the upper level of the center. Anything that increases shopper dwell time also increases sales. It's a win-win." (More)
  Industry Tracker 
  • Howard Hughes eyes changes for Pier 17
    Howard Hughes Corp. is moving forward with plans to transform Pier 17 in Lower Manhattan into an open three-story retail and entertainment center. Pier 17 was largely spared Superstorm Sandy's wrath because of its elevation. The proposed new structure will have a flat roof and glassy retail space that can accommodate two stores of 60,000 square feet. The New York Times (tiered subscription model) (12/25) Email this Story
5 Cures for Business Growing Pains
A growing business is a successful business, but it comes with its own set of complications. Growing pains can arise from new employees, added roles and responsibilities, and a premium on office space. Read this informative e-book for five practical tips to managing your growing office space.
  Retail News 
  • Retailers hope post-Christmas sales shore up holidays
    Some retailers have reported a strong season so far, but early estimates from MasterCard and some other sources indicate a less-than-stellar selling period. Analysts say the season proved challenging as consumers struggled to recover from Hurricane Sandy and fretted over a resolution to the "fiscal cliff." Now, retailers are focused on bringing in after-Christmas shoppers with deals aimed at salvaging the season. The Wall Street Journal (12/25), Forbes (12/26) Email this Story
  • Retailers get savvier to stamp out return fraud
    U.S. consumers are expected to return about $62.7 billion worth of goods this holiday season, with Wednesday likely to be a big day for returns. Retailers expect to see about $8.9 billion in return fraud this year, $2.9 billion of it this time of year, according to NRF, numbers that have many merchants putting stricter policies in place. Tampa Bay Times (St. Petersburg, Fla.) (12/25) Email this Story
  Finance & Economics 
  Business Best Practices 
  News from ICSC 
  • ICSC University of Shopping Centers
    The ICSC University of Shopping Centers is the most complete retail real estate educational program available. Held on the campus of the Wharton School of the University of Pennsylvania in Philadelphia March 4 to 6, 2013, this is the largest annual educational event offered by the ICSC. A distinguished faculty of over 80 industry leaders and experienced practitioners, including a cadre of distinguished Wharton School Professors. Courses in three levels of study: Executive, Advanced, and Fundamental. Numerous networking opportunities. Sixty courses in subjects including Asset Management, Property Management; General Studies; Marketing; Leasing; Development, Design and Construction; Law; Finance; Retailing. Real-world examples and practical solutions make this a must-attend event.

    Participants can personalize their University experience. Attend as few as one class or as many as six. Attend any six courses for as little as $140 per class. For more information, go to or contact ICSC's Madison Gross at (646) 728-3461 or Email this Story
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When one man, for whatever reason, has the opportunity to lead an extraordinary life, he has no right to keep it to himself."
--Jacques Cousteau,
French naval officer and explorer

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