AUGUST 2013

Belvedere Square Owners Plan 20,000 SF Expansion

August 9, Baltimore Business Journal
"We're trying to be ready for when the Senator opens. We're trying to unify different parts of the market...by Labor Day," says coowner C. William "Bill" Struever. Read more...

Teens Are Shopping - Just Not at the Full-Price Mall

August 9, CNBC
High unemployment, elevated gas prices and increased payroll taxes are still pressuring consumers, but there are retailer-specific issues as well. Read more...

What's Cooking at Fast Food Restaurants

August 10, CNBC
"Right now, our country is pretty saturated with fast food. You could evolve that entire segment into fast-casual," said Sam Oches, editor at QSR magazine. Read more...

Time to Buy Retail Properties?

August 22, National Real Estate Investor
Home improvement stores, auto retailers and fast-casual restaurants are paving the way for retail's recovery. Still, new construction remains sparse. Read more...

Bars, Restaurants and Barbers on the Move in Fed Hill

August 22, Baltimore Business Journal
A number of restaurants, bars and barber shops are opening, relocating or transferring their ownership in the South Baltimore neighborhood esp. along the Charles St corridor. Read more...

Fast-Casual Chains Continue Restaurant Reign

August 26, Los Angeles Times
The number of upscale quick-service eateries, known for higher service levels, better-quality food and larger check sizes than their fast food cousins, grew 7% in the year ended in May. Read more...

Bed, Bath & Beyond Trumps Amazon!

August 27, Yahoo! Finance
"They're always very well merchandised, they're always in stock, they're always very clean. They've built a real customer service culture," says BB&T analyst Anthony Chukumba. Read more...

Outlet Malls Booming in U.S.

August 28, Connecticut Post
Mall developers are looking to outlet malls for growth as opportunities for new traditional malls have dried up amid a market with too many stores and not enough traffic. Read more...

Revised Plans for Walmart-Anchored 25th St Station

August 29, Baltimore Business Journal

The latest lawsuit was filed by Bruce Mortimer, who formerly ran Anderson Automotive on the 8.5 acre site, and wanted a new developer, Seawall Dev. Co., to take on the project. Read more...

Is Barnes & Noble Heading the Way of Borders?

August 29, National Real Estate Investor
Barnes & Noble founder Leonard Riggio's decision not to buy out the retail division means: "more losses, more deterioration, more closed stores". Read more...

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