Globe St / Retailers Face Mall Trouble, European Hope

June 26, 2009

SUMMARY

At a retail real estate roundtable, Jim Schaye, president and CEO of Hudson Capital Partners participated in a discussion about the future of malls, the European invasion and store closures. Schaye points out interesting turns during the last two quarters that are making an impact: private equity jumping back in and strategic buys. Schaye told the group that only time will tell if any of these purchases or investments were a good idea.

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