TrendWatch
The current environment continues
to impact retail

While poor sales and the lasting credit crunch continue to wreak havoc on retailers, landlords are doing their best to help tenants survive the economic storm.

Landlords and retailers alike are feeling the pressures of today’s economy. Surrounded by a growing number of retail bankruptcies, many shopping center owners are making every effort to retain tenants and fend off the threat of vacant space. In turn, many retailers are looking to landlords for help in order to avoid filing for Chapter 11. A number of recent articles discuss the growing trend of negotiations:
The Benefits of Negotiated Settlements as an Alternative to Chapter 11
A Helping Hand in Hard Times
Survival of the Fittest

Disney Store turns to RCS for solutions

Disney has retained RCS Real Estate Advisors to assist with the reacquisition of the Disney Store retail chain. RCS has completed their restructuring engagement related to the reacquisition and has been further retained to operate as the go forward outsourced real estate department for the Disney Stores.

For more information or inquiries related to the current and future real estate of The Disney Stores, please contact Eileen Mitchell, Executive Vice President.

Success Story
Lease Terminations a Success for
Lifetime Brands, Inc.

RCS Real Estate Advisors recently helped Lifetime Brands, Inc., a resource for nationally branded kitchenware, tabletop and home décor products including Pfaltzgraff®, Farberware® and Cuisinart®, optimize their real estate portfolio by successfully orchestrating early lease terminations for 30 underperforming retail outlet store locations.

In order to effect a realignment of its retail stores, Lifetime Brands, Inc. turned to RCS Real Estate Advisors for their expertise in providing lease restructuring services. RCS expeditiously negotiated cost effective terminations that not only exceeded the goals of Lifetime Brands, Inc., but also came in under the promised budget.

To put RCS Real Estate Advisors’ expertise to work for you, please contact Mitchel Friedman, Senior Vice President.

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