Because 75percentt of retail bond investing is in the municipal market, said John Pigott, chief executive of ValuBond, there will be a strong emphasis on tax-exempt offerings.
Because estimates of retail rents had varied widely in the past, the Real Estate Board of New York for the first time conducted a survey, released during the fall, using 12 brokerage companies.
"If any politician is caught carrying cash, the E.C.I. must take strict action, but the common man should not be penalized, because over 90 percent of retail transactions are done by cash," he said.
There is no monthly maintenance payment for the 10 apartments in this co-op because the lease of retail space on the ground floor creates the building's fund.
But relatively few visitors shop on the United States side, because of the paucity of retail stores and because the weak Canadian dollar makes Canadian purchases less expensive.
He said that at the Lisbon site in particular it seemed worthwhile to go along with local planners because of the lack of retail space -- Lisbon does not have a bank branch, clothing store, cleaner, photo shop or pharmacy.
WestPoint Stevens, which makes sheets and towels, said yesterday that its fourth-quarter profit would fall short of expectations because of falling retail demand and significant inventory reduction by retailers.
"Because of the retail price of the balls, the common perception is that they can't be that hard" to produce, Collins said.
It's too simplistic to say that this is just because of online retail - online is a reality and we compete as best we can.
The world's biggest airport operator, BAA, said its second-half profit fell 8.2percentt because of weaker retail sales after the abolition of duty-free shopping in Europe.
