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Landlords learn to repurpose their malls
By Lisa Spiwak This is a season of discontent for retailers. There doesn’t seem to be a week that goes by without a national chain closing stores or filing for bankruptcy protection. Most recently, we lost Sport Chalet. Before that, it was Sports Authority, Sears, Fresh & Easy, Office Depot, Radio Shack, Staples, Abercrombie Read More →
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China finds out the hard way that it isn’t easy to knock off No. 1
China’s sudden move to devalue its currency earlier this month has caused a lot of hand-wringing and cost hedge funds a ton of money. But it also teaches a lesson that often is learned painfully — it’s easy to lose your way when you try to be No. 1. That’s why I think the yuan Read More →
