WMRE Daily
 
WMRE Daily

NOVEMBER 29, 2022

Top Story

Is the Retail Reckoning for Regional Malls at an End?

After a turbulent decade, the U.S. mall industry seems to have come out of the pandemic in decently good health.

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In Case You Missed It ...

Why Investors Are Paying More Attention to RV Parks and Campgrounds

RV parks have grown in popularity with consumers during the pandemic. Investors have noticed the trend.

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WMRE Wire

Retailers’ Inflation-Fighting Discounts Yield Modest Growth on Black Friday

In-store traffic ticked up 2.9 percent at brick-and-mortar retailers versus 2021, according to preliminary data compiled by Sensormatic Solutions. Salesforce Inc. said the average consumer discount on Black Friday was expected to be greater than 30 percent, up from 28 percent last year and close to the 33 percent rate in 2019.

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Kroger, Albertsons CEOs Will Testify Before Senate About Merger

The hearing will focus on Kroger’s planned takeover of Albertsons, a significant merger that skeptical lawmakers say could reduce competition among supermarkets. The hearing will also feature an anti-monopoly advocate from Consumer Reports, a University of Maryland professor and Michael Needler, the CEO of Fresh Encounter, Inc., a smaller grocery store chain.

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Nine Must Reads for the CRE Industry Today

The Department of Justice has opened an investigation into whether RealPage’s software helped apartment owners coordinate rental rates, reports Multifamily Dive. CNBC looks into how Atlanta’s recent population and economic growth has negatively affected low-income renters and homebuilders. These are among today’s must reads from around the commercial real estate industry.

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