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December 17, 2012

  Top Story 
  • GGP gets green light for Baltimore retail development
    The Howard County Planning Board has given approval for an expansion at The Mall in Columbia in Maryland. General Growth Properties plans to build an open-air plaza there, using the space currently occupied by the free-standing L.L. Bean store, which will be torn down for the development. The Baltimore Sun (12/14) Email this Story
  Industry Tracker 
  • Tacoma retail center gets new manager
    Simon Property Group has been steadily moving one of its star property managers from asset to asset. Now, Kurt Webb has been assigned to the REIT's retail center in Tacoma, an important property. "As you climb the ladder of (Simon) malls, Tacoma is near the top," Webb says. The News Tribune (Tacoma, Wash.) (12/16) Email this Story
  • Manchester Highlands in St. Louis trades hands
    TKG, an investment company in Phoenix, has acquired Manchester Highlands, a 353,700-square-foot shopping center in the St. Louis area. Cole Real Estate Investments was the seller. The shopping center is anchored by a Walmart Supercenter, Best Buy, Bed Bath & Beyond, PetSmart, Bassett Furniture, and Ulta. St. Louis Post-Dispatch (12/15) Email this Story
  • Grading begins on Carlsbad's La Costa Town Square
    Construction on La Costa Town Square, in Carlsbad, Calif., will begin development in mid-2013 with a mid-2014 projected opening. Property Development Centers, a Safeway company, has started to grade the property. It will consist of 253,800 square feet of retail space, including a Vons grocery store. (12/14) Email this Story
  Retail News 
  • Shoppers still have plenty left on their lists
    Somewhere between 11% and 14% of U.S. consumers had finished their holiday shopping by last week, according to surveys from NRF and other groups, while the number of procrastinators stood at 28% according to Reuters/Ipsos. (12/14) Email this Story
  • 5 holiday season shopping surprises
    This week, not Black Friday week, will be the biggest shopping week of the year, according to ShopperTrak, as consumers take advantage of the longer-than-usual season. It's one of five holiday retail revelations from Forbes, which also dispels the perception that Amazon is the online equivalent to Wal-Mart and touts the success of small merchants this season. Forbes (12/14) Email this Story
  • Retailers use online to drive in-store traffic
    Toys R Us is offering online shoppers a 15% discount, but they can only use it at the retailer's brick-and-mortar stores, the most obvious example of the way retailers are increasingly using their websites to encourage customers to shop across all channels. Internet Retailer (12/14) 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.
  Business Best Practices 
  • How successful people control their stress
    Cutting yourself some slack, keeping your eye on the bigger picture and sticking to a daily routine are ways successful people help keep stress under control, Heidi Grant Halvorson writes. "Have a routine for preparing for your day in the morning, and packing up to go home at night. Simple routines can dramatically reduce your experience of stress," she writes. Harvard Business Review online/HBR Blog Network (12/13) Email this Story
  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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We should be taught not to wait for inspiration to start a thing. Action always generates inspiration. Inspiration seldom generates action."
--Frank Tibolt,
American author

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