Word: retailers
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...financial reform, it's easy to imagine Smith supporting the creation of a Consumer Financial Protection Agency and crackdowns on giant financial institutions. He might have also favored the just-passed health care reform bill, at least the part that requires states to set up exchanges to ensure retail competition for health insurance...
...keeping with an “aggressive strategy” in pursuing possible tenants, Harvard has employed 13 brokers to find tenants for its unoccupied retail, warehouse, and office space in Allston, according to University Executive Vice President Katherine N. Lapp, who oversees the leasing of Allston property...
...Some economists worry that oversupply in both the residential and commercial real estate markets has already prompted a downturn in pricing, and that the recent government initiatives could lead to a hard landing. In Beijing, vast swaths of commercial space sit vacant - including floors of retail space right next to the iconic Water Cube, the swimming venue for the 2008 Olympics. According to Colliers, commercial rents are now a shade lower than they were last year and residential prices have also begun to weaken. Residential prices, according to China Reality Research data, peaked late last year and are now headed...
...Brooklyn held such appeal. Against all odds, for the past several years Mayor Michael Bloomberg's administration has lobbied to turn the borough's Gowanus Canal - a foul, PCB-laden channel that winds for nearly two miles (about 3 km) - into a destination spot for condo dwellers and upscale retail developers. On March 2, however, the Environmental Protection Agency (EPA) offered the city a reality check when it designated the Gowanus a Superfund site. The distinction is reserved for the country's most hazardous waste sites and allows the federal government to direct cleanup and charge polluters for their share...
...course, Walmart won't get pounded on price for long. "The time has finally arrived!" Weinswig wrote in a research note. "WMT [Walmart's stock symbol] is lacing up the gloves in the fight to win the modern day price war in food retail in 2010." Weinswig found that a 2-liter bottle of Coca-Cola, which recently cost the consumer $1.58 at a New York City-area Walmart, was now selling at the same store for 98 cents. "You're not going to ignore that," says Weinswig. "That's 'wow' pricing, and you'll think twice about going somewhere...