Department stores like Sears, JCPenney, Lord & Taylor and others have either gone under or closed hundreds of stores, threatening to take down shopping malls...
In today’s top retail news, Mall of America modified the terms of its $1.4 billion mortgage, while Macy’s intends to close 45 retail locations. Plus,...
JCPenney is starting the new year with a post-Chapter 11 restart, new owners, new financing and soon will have a new CEO. But the old...
As part of a three-year roadmap to close stores, Macy’s reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store...
After reportedly missing payments amid the pandemic as shops closed for a time and occupants didn’t pay rent, Mall of America has changed the stipulations...
In today’s top retail news, American Express is launching new offers to start off the year, while the chief economist for the National Retail Federation...
The traditional shopping mall consisting of retailers, a food court and maybe a hair salon or two is going the way of the dinosaur. But...
In today’s top retail news, retail sales fell 25 percent in Hong Kong in the first 11 months of 2020, while Afterpay reported a 30...
With the holidays all over except for the returns, it’s time for the troubled mall sector to face the existential crisis that it avoided thanks...