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Nine in 10 retailers plan to add stores in 2010

from The Business Journal of Milwaukee

In a sign that department store chains like Kohl's Corp. in Menomonee Falls, Wis., may face better days ahead, nearly 70 percent of retailers surveyed by CB Richard Ellis Group Inc. say the overall economy is improving and 92 percent plan to increase store openings in 2010. "Our survey shows that retailers are increasingly more confident about their growth plans for 2010, and even more so for 2011," said Anthony Buono, executive managing director of CBRE Retail Services in the Americas. more

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