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Industry News

Industry News - Today

Walmart’s store sales growing strong even as online momentum slows

Walmart's same-store sales at brick-and-mortar locations remained strong in the fourth quarter, but the firm's online sales growth slowed considerably as it struggled to keep basic items stocked and available online during the holiday period, according to Reuters.

Industry News - Today

Largest mall in Middle East announced

Plans for the largest mall in the Middle East have been announced in Dubai. Developer Nakheel says its 4.5 million-square-foot GLA Deira Mall will offer more than 1,000 stores, caf├ęs, restaurants and entertainment tenants.

Industry News - This week

Albertsons buys remaining Rite Aid stores

Supermarket conglomerate Albertsons Cos. will purchase the portion of Rite Aid Corp. that Walgreens Boots Alliance has not acquired, according to Reuters. Observers say the move is an example of how pharmacy retailers are consolidating operations to compete against Amazon.com and other online rivals.

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Shopping for the Truth

ICSC has collaborated with WSJ Custom Studios to create an immersive experience about retail real estate that aims to dispel misperceptions and create a dialogue around the facts. Learn More

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