Despite Weather, February Retail Sales Rise Again in Most Categories

Consumers braved winter storms nationwide to go shopping last month, in another good sign the recovery is holding.

Estate Tax Expiration

THE CONGRESSIONAL tax writing committees have allowed the federal estate tax to expire on January 1, 2010.

Banks Delaying Recovery

UNTIL U.S. BANKS are compelled to sell off distressed properties at significant losses, the retail property transactions market will remain in deadlock, executives said at the International Council of Shopping Centers’ (ICSC) New York National Conference recently.