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Retail for 2008• Favor retail sub-sectors sectors undergoingrationalization (aka store closures; aka“capacity out”).• Avoid retail sub-sectors sectors rapidly addingsquare footage in pursuit of market sharegains.33

Download (.PDF) - Minnesota Shopping Center Association

A Success Story during a Retail Recession Punch Neapolitan Pizza

Page 1 and 2: The detail on retailfor MN Shopping
Page 3 and 4: Backdrop: 2004For the nation's 12 l
Page 5 and 6: Backdrop: 2005For the nation's 12 l
Page 7 and 8: Backdrop: 2007For the nation's 12 l
Page 9 and 10: Conclusion: 6/07• SSS are slowing
Page 11 and 12: Retail Landscapeand Stock Evaluatio
Page 13 and 14: On the rise again.US Retail Store C
Page 15: Even as Wal-Mart has slowed square
Page 18 and 19: For the nation's 12 largest retaile
Page 20 and 21: Valuation check: Stocks "look cheap
Page 24 and 25: When is it enough???24
Page 28: Today’s proven catalystsfor picki
Page 35 and 36: Wal-Mart: benefits of less crowding

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