GLG News by Sears and Kmart Real Estate Experts

This is a perfect example of my often repeated notion that what passes for news in today's 24/7 news-hungry environment is mostly just a rehash of old and obvious observations.   This WSJ reporter obviously was given the assignment to write something newsworthy about the annual shopping...

The subprime pipeline has a ways to go. Very much like a virus infects humans- it must run it's course. In 2002 the rebirth of the subprime mortgage began to prevent our economy from dipping into recession. In 2007, the market shows the first short sales and foreclosures. The 125% rule of negative amortizing...

While I realize that the Title is somewhat provocative and the Subject somewhat misleading, both are well deserved.   As my Commentary will show, those analysts who have been following SHLD and singing the praises of Eddie at every opportunity, are finally becoming disenchanted with his...

Eddie Lampert came up with about a half dozen excuses for lousy performance that in 40 years of listening to retailers use excuses about the weather, fashions, the weather, early or late holidays, the weather, and many other tired cliches, I had not heard before. While in this annual meeting he...

Another hedge fund-owned retailer bites the dust! As readers of GLG News know by now, this writer has a thing against retailers using deceptive PR practices to deflect blame from lousey management. This is not a recession related bankruptcy!  In an effort to provide a more realistic context...

I think this article is important because it spreads a false sense of what is really happening in the industry. While I realize that many reporters exaggerate their premise to make for more interesting reading, this article crosses the line. In my opinion it is irresponsible to dress up an old hag that...

I have (had) many friends working at Sears' Hoffman Estates headquarters,(most now gone) and to the man, (or woman) they have some of the scariest horror stories I have ever heard, about the conditions that prevail under Mr. Lampert's leadership. This latest round of layoffs is just one more indication...

One of the major reasons for Carrefours success thus far is about to become its biggest lability! By keeping its' occupancy costs low through ownership of many of its' locations, Carrefour has managed to pass along the benefits of below market rents to its' shareholders in the form of increased profits. ...

With extensive anecdotal evidence from retail real estate  brokers around the country who are bemoaning their lack of action, this article attempts to depict what's behind the almost moribund market for retail properties.  As usual, this reporter who frequently writes for one...

There are two glaring problems with this New York Times Article.   First of all, its' headline is very misleading and designed to stir up controversy, while the body of the article is a well reasoned and evenhanded analysis of a far less disturbing trend. One could almost finish...