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October 8, 2012

  Top Story 
  • 650,000 SF of retail planned for Milwaukee area
    Competition for retail tenants will pick up in the Milwaukee area if development plans in the pipeline come to fruition. There is a retail center planned in the Town of Brookfield, to be called The Corners. Also, another development, the Mayfair Collection, is planned for Wauwatosa. If both are built they will add 650,000 square feet to the area. Milwaukee Journal Sentinel (tiered subscription model) (10/6) Email this Story
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  Industry Tracker 
  • Retail slowdown hits London's Oxford Street
    The economic slowdown in Europe is being felt along London's Oxford Street, traditionally one of the busiest shopping areas in the world. Retail rents on the strip, the second highest in London, are expected to remain flat as retailers rein in their expansion plans, according to retail real estate experts. Reuters (10/5) Email this Story
  • Norway adds to its interest in U.K. shopping centers
    The Norwegian sovereign-wealth fund has invested in several European shopping centers and now has a deal to acquire half of the $2.45 billion Meadowhall Shopping Centre. The center is 97% occupied by retailers including House of Fraser, Marks & Spencer and Debenhams, and attracts more than 24 million visitors annually. The Wall Street Journal (10/8) Email this Story
  • Other News
  Retail News 
  • U.S. home stores make their mark in Canada
    Pottery Barn just opened its sixth store in Canada, where it competes with a growing number of stores from U.S. chains including Restoration Hardware, West Elm, Crate & Barrel and Williams-Sonoma. The influx of design-centric stores from the south has some designers wondering just what elements go into making a home distinctly Canadian. (10/6) Email this Story
  • Italy's Saicaf to open 100 cafes in China
    Italian coffee company Saicaf expects to invest $15.9 million in the next four years to open about 100 cafes across China, starting with a Shanghai flagship that opened last month. The company was created in Bari, Italy, in 1932, and is credited with bringing the country its first automatic coffee makers. China Daily (Beijing) (10/8) 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 
  • Tax proposals by Obama, Romney raise muni-market concerns
    Municipal-market participants and experts are mixed on how tax proposals from President Barack Obama and Republican challenger Mitt Romney might affect municipal bonds. Some proposals could help the market, but others have the potential to hinder it, experts said. "Either party is capable of radical surgery on the municipal bond market," said Chris Mier of Loop Capital Markets. The Bond Buyer (free content) (10/5) Email this Story
  Business Best Practices 
  • 5 tips for selling your idea to company big shots
    Help your big idea gain traction by explaining how it will help your organization make money, Alexandra Levit writes. You also might want to make a video to show that "you know how to get things done and are willing to invest time and effort in the initiative." The Fast Track (10/5) Email this Story
  News from ICSC 
  • The Business of Shopping Center Law
    Based on papers presented at recent ICSC Law Conferences, The Business of Shopping Center Law includes commentary from seasoned industry experts and examines some of the most important legal issues facing today's professional. Topics covered include Operating Expenses, Property Acquisition, Capital Infusion, Lease Financing, Construction and Development, Green Leases, Exit Strategies and more. Buy it now in the ICSC bookstore. Email this Story
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The day the child realizes that all adults are imperfect, he becomes an adolescent; the day he forgives them, he becomes an adult; the day he forgives himself, he becomes wise."
--Alden Nowlan,
Canadian poet, novelist and playwright

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