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October 29, 2012

  Top Story 
 
Retail Properties Available for Auction Online
Properties include Shopping Centers, Restaurants, Supermarkets, Showrooms, Malls, and Units in metro plazas. View all retail properties available for auction.

Featured Property: Metro Plaza in Phoenix, AZ. Starting Bid: $2,100,000 Starting Bid. 100.00% Occupancy. 40K+ SF, view more property details here.
  Industry Tracker 
  • SM Prime Holdings post 15% profit YTD
    SM Prime Holdings posted a nine-month net profit of 15% year over year. The growth was driven by new retail centers, same store sales and an improvement in China operations. The developer says it is confident it will reach its full year target, based on its nine month performance. Philippine Daily Inquirer (10/29) Email this Story
  Retail News 
  • The bricks-versus-clicks battle heats up for the holidays
    Brick-and-mortar retail chains are finding more ways to fight back against online competitors, from price-matching guarantees to digital store upgrades to promotions touting the advantages omnichannel retailers offer. "Every possible way the customer wants to use the Internet — or their neighborhood store — to interact with Toys R Us is available," said Toys R Us CEO Jerry Storch. Los Angeles Times (tiered subscription model) (10/28) Email this Story
  • 5 holiday shopping predictions to pay attention to: Consumers are expected to start holiday shopping earlier this year, thanks in part to expanded layaway programs from retailers looking to capture a more of the $586 billion in consumer spending. Americans are expected to spend 4.1% more on the holidays this year, according to an NRF survey. "In spite of the uncertainties that exist in our economy and among consumers, we believe we’ll see solid holiday sales growth this year,” said NRF President and CEO Matthew Shay. The Charlotte Observer (N.C.) (10/27) Email this Story
  • Monster storm bears down on Halloween sales: Some 170 million American consumers were set to spend about $8 billion in Halloween this year, according to NRF survey data gathered weeks before Hurricane Sandy became a threat. It's too early to know how badly the storm will impact Halloween sales, but it's likely that many in the East put off planned costume and candy purchases in favor of storm supplies, writes Forbes' contributor Laura Heller. Forbes (10/26) Email this Story
  Hot Topics 

Top five news stories selected by ICSC SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Finance & Economics 
  Business Best Practices 
  • Lee: Going global does not have to be difficult
    Going global does not have to be difficult for a company, even a small one, if it makes the proper preparations, according to Michael Lee, director of global marketing for Alibaba.com. He suggests that companies take advantage of the Web, find the right Web platform and pay attention to cultural differences, among other tips. BusinessNewsDaily.com (10/26) Email this Story
  SmartQuote 
The time you enjoy wasting is not wasted time."
--Bertrand Russell,
British philosopher, mathematician and historian


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