Shopping Centers Today December 2014


Featured Articles

Westfield-Oculus-37

Rebuilding an icon

Westfield World Trade Center prepares to reclaim its place as one of the world’s most profitable centers.

— SCT December 2014
Corporate report cards show off sustainability — SCT December 2014
Infrastructure: Progress interrupted — SCT December 2014
Infrastructure: Creativity helps developers fund key projects — SCT December 2014
Infrastructure: The big spenders — SCT December 2014
Crowdsourcing offers new pool of investors — SCT December 2014
ICSC New York National Conference: Bright lights, big show — SCT December 2014
Big banks back in crowded loan market — SCT December 2014
Retailers’ holiday hiring spree — SCT December 2014
More cities issue green guidelines — SCT December 2014
India: Ready for REITs — SCT December 2014
Shoppers or landlords: Whose center is it? — SCT December 2014
In my opinion: Engaging the customer — SCT December 2014

The Common Area

Penney-Salon-Full-View

One way JCPenney is trying to differentiate itself and squeeze more dollars from its existing customers is to upgrade and rebrand the chain’s 900 in-house beauty salons.

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News Makers

winston

Josh Winston, a 14-year veteran of the travel industry, aims to make Washington, D.C.'s National Harbor an international draw.

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Retailing Today

mobilepay

More and more shoppers are using their smartphones not just to find promotions, research merchandise, comparison shop and place orders, but also to make actual payments on their purchases. Thus, retailers are adjusting their own systems accordingly. Apple, for one, created a buzz when it launched Apple Pay in late October.

— SCT December 2014
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The Bottom Line

cap

The mean cap rate for U.S. retail property transactions was 8 percent during the second quarter.

— SCT December 2014
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Center Stage

Cady

Online retailers are getting physical with Cady’s Alley, in Washington, D.C.

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On the Ground

bronx-macys

New retail developments help New York City's The Bronx keeps up with the Joneses.

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