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Retail strong in holiday shopping season despite inflation
This holiday shopping season, retailers saw increased sales despite high inflation rates.
Neuman Commercial Group arranges $5.7M sale of Arbutus shopping center
Neuman Commercial Group LLC arranged the sale of East Drive Shopping Center, a 65,155-square-foot retail and office property in Arbutus.
Retail sales drop at start of key holiday shopping season
Americans cut back sharply on retail spending last month as the holiday shopping season began.
Greenberg Gibbons adds boutique retailer to The Shops at Kenilworth
Owings Mills-based Greenberg Gibbons announced the women’s fashion boutique Poppy & Stella will join The Shops at Kenilworth in Towson.
Retail sales up in June, easing fears of a recession
Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices.
Retailers scale back hiring as worry about a slowdown grows
After going on a frenzied hiring spree for a year and a half to meet surging shopper demand, America's retailers are starting to temper their recruiting.
Facing huge inventory, Target cuts vendor orders, prices
Target is canceling orders from suppliers, particularly for home goods and clothing, and it's slashing prices further to clear out amassed inventory.
Klein Enterprises acquires Va. shopping center
Baltimore-based Klein Enterprises announced the acquisition of Town Place Shops at Greenbrier in Virginia.
Consumers shift again, flummoxing big retailers like Target
The pandemic vastly changed the way Americans spend money, and now as they return to pre-pandemic behavior, they’re tripping up retailers again.
Continental Realty adds to Ga. portfolio with $24.35M acquisition
Baltimore-based Continental Realty Corp. purchased its third retail asset in Georgia.
Greenberg Gibbons acquires Florida retail center for $23.6M
Owings Mills-based developer Greenberg Gibbons announced it acquired Gateway Plaza, a 214,789-square-foot retail center located in Sanford, Florida.
Retail spending slows as inflation starts to bite
After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items.
