December 27, 2010
Associated PressPeople hit the stores after Christmas to buy, indulging the rediscovered retail appetite that may have made 2010's holiday
shopping season the biggest ever.
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December 22, 2010
Scott OlsonThe company said on Tuesday sales at stores open more than a year rose 4.5 percent from Nov. 28 through Dec. 19 compared to
the same period a year ago.
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December 21, 2010
Bloomberg NewsSimon Property Group Inc. is unlikely to buy Capital Shopping Centres Group Plc because it will take too long for rents to
rise enough to justify a price its U.K. counterpart would accept, according to Barclays Capital real estate analysts.
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December 18, 2010
IBJ StaffSeveral restaurants, including three pizza chains, and an adult-oriented retail store are planning new locations around the
city.
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December 15, 2010
Bloomberg NewsCapital Shopping Centres Group Plc, the United Kingdom's biggest shopping mall owner, turned down Simon Property Group Inc.'s
$4.6 billion bid, describing it as "inadequate."
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December 15, 2010
Bloomberg NewsIndianapolis-based Simon Property Group Inc., the largest U.S. mall owner, made an offer for Capital Shopping Centres Group
Plc that values the U.K. company at $4.6 billion.
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December 14, 2010
IBJ StaffMore than 700 workers will lose their jobs when an A.J. Wright distribution center in South Bend closes next year as part
of as a national consolidation by parent TJX Cos.
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December 13, 2010
Bloomberg NewsSimon Property Group Inc. may be running out of options in its quest to take over Capital Shopping Centres Group Plc and become
the largest mall owner in the United Kingdom.
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December 10, 2010
Associated PressIndianapolis has four A.J. Wright stores that are slated for conversions rather than closures.
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December 8, 2010
Bloomberg NewsIndianapolis-based Simon Property Group Inc. will end its interest in buying Capital Shopping Centres Group Plc if the U.K.
company doesn’t provide information necessary to evaluate a bid.
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November 27, 2010
Cory SchoutenNational retailers from Macy’s to Walmart, Best Buy to Lowe’s—brands built on national scale and buying
in bulk to lower costs and muscle out competitors—are offering a new proposition to customers: Help us become more local.
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November 26, 2010
Bloomberg NewsShares of Capital Shopping Centres Group Plc, Britain’s biggest mall owner, rose the most since the company went public
in 1992 after saying Indianapolis-based Simon Property Group Inc. may offer more than $3.6 billion in cash for the company.
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November 11, 2010
Associated PressThe fire began at a Dunkin' Donuts shop Thursday morning, spread to a winemaking shop and threatened other businesses.
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November 9, 2010
Associated PressGeneral Growth exits bankruptcy with more than 183 regional malls in 43 states — a retail portfolio second only to Indianapolis-based
Simon Property Group Inc., which failed in its bid to scoop up its rival earlier this year.
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October 23, 2010
IBJ StaffWichita, Kan.-based Opry GlowGolf LLC, which operates 20 similar courses around the country, took 6,500 square feet just up
the escalator from the food court.
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October 11, 2010
Scott OlsonThe owner of the building that houses the Music Mill concert venue listed assets of $1.4 million and liabilities of $1.3 million.
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September 11, 2010
IBJ StaffKite Realty Group Trust has landed Goodwill, Dollar Tree and Mexico City Grill for a renovation of its Fishers Station shopping
center.
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August 31, 2010
IBJ Staff and Bloomberg NewsSimon Property Group Inc. said retailers
leasing space in its malls have managed to weather the economic downturn and are already eyeing recovery plans for when the
economy improves.
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August 30, 2010
Aviv Arlon Global Ltd. pays $52 million for shopping center, which was in court-appointed receivership. Former real estate
firm Premier
Properties USA Inc. developed Metropolis, with an investment of $160 million.
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August 11, 2010
Associated PressThe partnership between Simon Property Group and technology company Shopkick Inc. is a
big step in realizing retailers' long-held dream of using cell phones to beam ads and coupons to people passing by.
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August 4, 2010
IBJ StaffIBJ first reported in May that Kite Realty Group Trust had recruited Nordstrom Rack and The Container Store as likely
anchors of a redevelopment of the Shops at Rivers Edge.
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July 24, 2010
Cory SchoutenOne of Indiana’s largest privately held developers is suing Simon Property Group Inc., alleging the nation’s largest
mall owner abused its “market power” to bully two national retailers into backing out of leases at a lifestyle
mall near Mishawaka.
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July 24, 2010
Greg AndrewsShop owners realize that landlords, already facing rising vacancies, are sometimes willing to sacrifice financially to keep
properties filled and vibrant.
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July 13, 2010
Associated PressGeneral Growth expects to come out of bankruptcy court with 180 properties, making it the second-largest shopping mall owner
behind Indianapolis-based rival Simon Property Group Inc.
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June 15, 2010
Tom HartonThompson Thrift, based in Terre Haute and Carmel, has started construction on Washington Square Commons, a 9,000-square-foot
retail strip at 10110 E. Washington St., at a major entrance to Washington Square Mall.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.