The retail space vacancy rate has increased to 9.3 percent along the major highway shopping corridors of northern and central New Jersey, from 8.9 percent in 2010 and 7.8 percent in 2009, according to an annual survey by R.J. Brunelli & Co. that predicted vacancy rates will start to decline, and rents increase, in 2012. ...
Read More »
Retail
Already a hit, ‘Sleep’ book sales won’t be hurt by advance publicity, expert says
Parents of young children all over the United States are talking about a visiting professor at Rutgers University’s Camden campus and his book. The book is Amazon.com‘s top bestseller, and is searched on Google every quarter of a second, digging up 379 million results. It’s been the subject of news articles in The New York ...
Read More »Specialty shoe firm opens first retail location
Teaneck-based Aetrex, a leading manufacturer of comfort-focused fashion footwear and therapeutic shoes, has opened its first company-owned flagship concept store in Englewood. The 2,400-square-foot store features the iStep, invented by Aetrex, which uses digital foot-scanning technology to produce an accurate foot measurement and help consumers choose shoes geared to their foot type. “The store features ...
Read More »‘Much more sophisticated feel’ promised for American Dream
Canadian conglomerate Triple Five owns and operates the two largest malls in North America — the West Edmonton Mall in Canada and the Mall of America in Minneapolis — but the company is now seeking to outdo its previous efforts by building what would be the largest shopping center in the world, the American Dream ...
Read More »Triple Five Xanadu, now American Dream Meadowlands, to open in 2 years
Report shows slower growth in medical spending
Toys R Us opens new distribution center to better meet holiday crush
Signs of optimism at N.J. big-box locations
Fort Lee, developers reach agreement on Centuria site
The borough of Fort Lee and two developers announced late Thursday they had reached a settlement agreement on the redevelopment of a 16-acre parcel that most recently was the site of the aborted Centuria project.