The ICSC Blog

January 20, 2012
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New U.S. visa policy bodes well for outlet centers

Brazilians and Chinese who want to visit the United States will have a much easier time under an executive order issued by President Obama on Jan. 19. "The more folks who visit America, the more Americans we get back to work," he said. "It’s that simple." This is good news to outlet centers in the…

December 13, 2011
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DDR launches mobile-marketing technology

DDR Corp. says it will launch a location-based, mobile-marketing platform called ValuText, which will send shoppers text messages about deals and promotions at various retailers while they shop. The opt-in program, to be set up at 27 DDR shopping centers, will allow sign-up online or by text. The technology lets retailers send text messages to…

December 7, 2011
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Dollar stores gain ground in U.S.

The U.S. is now home to more dollar stores than drugstores, according to a study by Colliers International. The brokerage firm says that as of mid-year 2011, the combined store count of the country’s four major dollar store chains – Dollar General, Dollar Tree, Family Dollar, and 99 Cents Only – has surpassed that of…

November 22, 2011
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‘Small Business Saturday’ event to drive traffic into mom-and-pop shops this weekend

American Express is once again teaming up with small retailers nationwide to encourage consumers to shop on Small Business Saturday this Nov. 26. During last year’s event, small retailers reported a sales surge. "Last year, we saw a 28 percent rise in sales volumes for our small business merchants versus the same day in 2009,"…

November 17, 2011
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TJX ramps up expansion plans in U.S.

TJX Cos. is boosting its U.S. expansion plans after seeing increased traffic and spending at its stores in 2011. More Americans are shopping for discounted goods, and the retailer wants to make sure it is near the action, said CEO Carol Meyrowitz on a conference call with investors this week. “Basically 75 percent of adults…

July 19, 2011
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Main Street Fairness Act

Arkansas Indiana Tennessee Utah The current system is outdated, complicated and flawed. It is operating under a nearly 20 year old premise that figuring out multiple sales taxes was far too complicated for a seller of goods. The Main Street Fairness Act will create a level playing field for both online and traditional brick-and-mortar retailers.…

July 12, 2011
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Leasing skills critical for industry success

July 2011, Brussels.  Leasing is seen as the most essential skill within the Retail Real Estate Industry according to students attending the 2011 International Council of Shopping Centre's European Retail Property School. More than double the number of students attended the 2011 school than the previous year, and far more students registered for this topic…

July 8, 2011
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Industry Loses A Friend, Past ICSC Chairman John Ingram Dies

John M. Ingram, a retired development and retailing executive and former chairman of ICSC, has died. He was 76. Ingram served as ICSC’s 42nd chairman for the 2001-02 term while a vice chairman of The Mills Corp, Arlington, Va., creator of the value-oriented megamall concept. In addition to his role at Mills, Ingram was also…

July 7, 2011
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City gives retailers free rent to encourage growth

by Jesse Serwer The city of West Palm Beach, Fla., and a local landlord have devised a novel way to drum up interest in its downtown, while also incubating local business: they are giving away free rent for a year to the company with the most impressive plan for a store on its Clematis Street…

July 1, 2011
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ICSC Student Comments About RECon

What are you doing for your future and how are you assuring your success? If you are looking for opportunities, connections and knowledge, read on. In real estate, it is not always what you know, but who you know. Business transactions are done with mutual trust and established relationships. When you are in college the…