The ICSC Blog

June 30, 2011
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BJ’s to go private

Private-equity firms Leonard Green & Partners and CVC Capital Partners said they will acquire BJ’s Wholesale Club for $2.8 billion in cash. The deal, which remains subject to shareholder approval and is expected to close during the fourth quarter, would be the sixth-largest U.S. retail transaction since 2006, according to data provider Dealogic.   BJ’s…

December 16, 2010
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Dept. Stores Dole Out Excess Space to Other Retailers….

  By Joel Groover Department stores have figured out a way to deal with all that excess space resulting from the collapse of consumer spending: They’re doling it out to expanding chains. These store-within-a-store subleases tend to be all upside, no downside for the anchors and the new lessees alike, observers say. For landlords, not…