Real Estate Economy

With all the horrible devastation in Japan I can not imagine how anyone is managing.  Retailers across Japan are dealing with the effects of a massive earthquake, a tsunami and ongoing temblors. Several stores announced that they will reduce hours of operation to cooperate with planned power outages. Consumers rushed to gather necessary food, prompting [...]

Its official!   According to the BBC, "China is close to becoming the No. 1 luxury goods market in the world.  It is already the biggest marketplace for cars and mobile phones, China could attain that position as early as 2014 or 2015". Aside from obvious luxury – the city Chengdu is going to be the [...]

Hallelujah Hallelujah Hallelujah Some VERY good news my friends, very good, very good!   Our friends from The Bloomberg News are reporting that the economy LIKELY accelerated in the 4th quarter of 2010; "Economists predicted that a surge in the fourth quarter likely helpepd the economy expand more quickly than in previous quarters.  Gross domestic product [...]

Wal-Mart is said to have joined the group of retailers seeking to buy Indonesian retailer Matahari's hypermarket business. The world's No. 1 retailer is reported to have hiredBarclays Capital to advise it in the transaction.