Gerson Lehrman Group - Intelligently Connecting Institutions and Expertise.
Michael Miller

Mr. Michael Miller CSA

Former Independent Consultant, Independent Consultant- Michael Miller

What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Member of the Real Estate Council

Council Member Biography

Michael Miller is an Independent Consultant specializing in retail real estate. Previously, he was the Senior Vice President of Real Estate for Toys R Us, from 1977-1999 and remained under contract as a consultant to Toys R Us until 2004. He was responsible for the real estate, legal, architectural, construction, asset management and real estate accounting arms of the company. Mr. Miller has also served as Chairman and President of the Toys R Us Children's Fund. He has served as a consultant to other retail and commercial companies and has served as consultant to buy out groups. Mr. Miller serves as a consultant on real estate matters. Prior to Toys R Us, he has served with United Merchants, RH Macy, Vornado, JJ Newberry and Shell Oil. (This is me - Update Profile)


Employment History

2000 - 2004
Independent Consultant, Independent Consultant- Michael Miller
1977 - 2000
Senior VP - Real Estate, TOYS R US, INC.

GLG NewsSM Analyses by Michael Miller(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Fact or Fiction Anchor Mall Real Estate has no value

December 22, 2008

PREIT, Cafaro Lend Boscov's a Helping Hand | www.printthis.clickability.com

Is it fact or fiction that  Real Estate Value of Department Stores in Malls has no value. Loans to Department stores prove nothing....

Shopping Center Development

December 28, 2007

Wal-Mart Gets Discount on Land Purchase | chicagorealestatedaily.com

The article while factual just scratches the surface of center development. It just gives an indication of one of the incentives available to major tenants.

Agree to disagree Mall Stores History

June 21, 2006

Report: Malls Steering Away from Department Store Anchors | www.retailnet.com

The mall is not dead nor will the enclosed shopping experience disappear. While it may be true that "Big Box" retail is driving more sales per square foot than many regional malls, regional malls  still provide a shopping experience and atmosphere that Big Boxes do not presently provide.

I do agree that major mall construction in terms of quantity is a thing of the past for many reasons to detailed to list herein.

The other implication not stated is if "Malls" disappear than many other small retail users will also disappear or in the alternative change their format  to operate,  for example, in Wal-Mart type centers.

Mervyns Expansion Plans

May 11, 2006

Mervys to Grow Out West | www.wwd.com

The implications of Mervyn's announcement are indications of the "New Owners" desire to obtain profit from the retail operation in addition to the real estate.

The new stores are tests in various markets to see what can be accomplished.

When the new stores succeed additional growth will follow.








Implications of Remodeling

April 20, 2006

M2: A New Concept in Retail | mediarelations.officedepot.cc

Office Depot attempting to capture market share from other OSS by creating new formats and updating/upgrading its physical plant. Implementing a 800 store remodel and relay is it cost effective and cost justified?

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GLG Live Meetings with Michael Miller(?)

Michael Miller has not participated in any GLG Live Meetings.

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