The ICSC Blog

March 14, 2011
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YOUR VOICE COUNTS! Look out for a SURVEY on March 21st, 2011!

ICSC is conducting a brief survey to ensure we are meeting all of our members’ needs. The Member Needs Survey will provide us with an effective tool to learn more about you and your company. The findings will guide ICSC in offering the most valuable programs and services to members, and every voice is critical…

March 11, 2011
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Commercial Lending Rebounds, Open-Air Conference

Commercial real estate finance has regrouped amid improving economic conditions and there’s now an abundance of lenders chasing down a growing number of mostly Class A retail real estate purchases, said a panel of high-profile lenders Thursday at the ICSC Open Air Conference in Dallas. The controversial commercial mortgage-backed securities (CMBS) loan market, written off…

March 10, 2011
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“Improve Your Learning Curve- An Introduction to ICSC Northern California’s Mentoring Program” NEW YORK, March 8, 2011 – The International Council of Shopping Centers (ICSC) is proud to present the 600th Next Generation Program. The conference will take place April 14, 2011 at Metreon in San Francisco, Calif. [Editor’s note: see attached program for full…

February 7, 2011
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Look Who’s Coming to Dinner!

Join us at the Bellagio Hotel on May 22, 2011 for “Celebrating Opportunities”. We’re celebrating the industry’s opportunities and those of our future scholarship recipients and the communities we serve. To ensure you get the networking opportunities you are looking for, we have simplified the evening. No awards presentation, no speeches, no silent auction. Simply…

February 1, 2011
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Northeast Storm Slams Store Sales in Region–ICSC and Goldman Sachs

  Another week, another storm seemed to derail the consumers’ ability to shop, which in turn was accentuated since January is a low-volume month for sales. The ICSC-Goldman Sachs (ICSC-GS) chain-store sales index for the latest week ending on January 29--which is also the end of the fiscal year for most retailers--dropped by 1.0% from…

January 31, 2011
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Commercial Real Estate Recovery Has Legs, PwC Poll Finds

A poll of investors, lenders, executives and other commercial real estate stakeholders conducted by accounting firm PricewaterhouseCoopers (PwC) found a generally optimistic attitude towards the industry in 2011. Of the more than 200 respondents, more than 70 percent indicated that they believe ongoing recovery in the commercial real estate industry has legs. More than half,…

January 27, 2011
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Walmart to Spend $500 Million Expanding Canadian Footprint in 2011…

Target isn’t the only U.S.-based discounter interested in Canada these days. Walmart’s Canadian division announced that it plans to spend $500 million opening 40 new supercentres and expanding, remodelling or relocating existing stores in the coming year. The expansion includes the discount chain’s first stores in the provinces of Manitoba and Quebec. Earlier this month,…

January 25, 2011
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J.C. Penney to close outlets, catalog division, six stores

Picture Source:  J.C. Penney Co. is to wind down its catalog and outlet operations, and close down underperforming stores, it announced today. The retailer also said it has taken on two new board members — activist investor William Ackman and Vornado Realty Trust Chairman Steven Roth. The chain said that over the course of…

January 20, 2011
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Conference on Open Air Centers

Conference on Open Air Centers 9 - 11 March, 2011 - Dallas, TX Join us in Dallas for the only ICSC Conference in 2011 featuring all-Open Air formats. Here are just Five Great Reasons to sign up: 1. Access to Top Executives: Leading developers, key capital market figures and retailers such as Target, Barclay’s Capital,…