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February 27, 2013

  Top Story 

CBL Properties' Frontier Mall Renews Sponsor and Indoor Play Area "We refurbished some of the existing soft play elements and added some wonderful new elements," says General Manager Joan Ghani. "PLAYTIME built the most amazing 12-foot water tower with a slide and a tunnel. It's like a brand new play area. Our sponsor is thrilled!" (More)
  Industry Tracker 
  • Westfield to increase investments in U.S., U.K.
    Sydney, Australia-based global shopping center operator Westfield Group will increase its investment in U.S. and U.K. malls to about 60% of its total portfolio during the next few years, as demand for retail space grows in those markets and softens at home, said co-CEO Peter Lowy. Bloomberg (2/27) Email this Story
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  Retail News 
  • Penney's CEO stays positive on changes
    J.C. Penney CEO Ron Johnson is betting that the retail strategies he brought with him from Apple will still pay off, even as the company tweaks them in the face of falling sales. "I feel we're executing very closely to the strategy," he said. "It's more like the old J.C. Penney, but it's not." The Wall Street Journal (2/25) Email this Story
  Business Best Practices 
  • Master "executive presence" to advance your career
    You need to learn to project an executive image if you want to get ahead in your career, writes Ken White, an associate dean at the University of Maryland's Robert H. Smith School of Business. Those with executive presence are confident, go-to people who keep their cool in a crisis. "Your executive presence is a major part of your personal brand," White writes. The Washington Post/Capital Business (2/24) Email this Story
  Policy Watch 
  • Marketplace Fairness Act wins support as times change
    Opposition to requiring online retailers to collect sales tax has declined considerably as the retail world grows more omnichannel and there's no longer a need to protect and nurture fledgling online retail ventures. "The emotional argument of the tech industry is 15 years old and relies on a stale perception of where the Internet is compared to the reality today of many forms of commerce," NRF's senior vice president for government relations David French said. Politico (Washington, D.C.) (2/26) Email this Story
  News from ICSC 
  • Foundation seeking nominees for Fiala Fellowship
    ICSC is now accepting nominations for the next Fiala Fellow. Launched in 2010, the ICSC Foundation Fiala Fellowship program annually recognizes an outstanding professional under the age of 30 who personifies Mary Lou Fiala's passion and commitment to retail real estate, and has the potential to make a lasting contribution to the industry. Fiala Fellowship Candidates are evaluated on the basis of professional excellence and active commitment to helping others through service in their communities, profession or fields of research. Learn more. Email this Story
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It's the most unhappy people who most fear change."
--Mignon McLaughlin,
American author and journalist

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