malls

Macy’s To Close 45 Additional Stores
Macy’s To Close 45 Additional Stores
January 06, 2021  |  Retail

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...

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Mall Of America Adjusts Terms Of $1.4 Billion Mortgage
Mall Of America Adjusts Terms Of $1.4 Billion Mortgage
January 06, 2021  |  Retail

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...

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Today In Retail: American Express Debuts New Offers; NRF Economist Says Stimulus Will Help With Recovery
Today In Retail: American Express Debuts New Offers; NRF Economist Says Stimulus Will Help With...
January 05, 2021  |  Retail

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...

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Five Alternative Tenants That Could Save Dying Shopping Malls
Five Alternative Tenants That Could Save Dying Shopping Malls
January 05, 2021  |  Retail

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...

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Today In Retail: Retail Sales Fall In Hong Kong Amid Pandemic; Afterpay Reports 30 Pct Jump In Basket Size For US Customers Over The Holidays
Today In Retail: Retail Sales Fall In Hong Kong Amid Pandemic; Afterpay Reports 30 Pct...
January 04, 2021  |  Retail

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...

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Risky Business: Malls See Late Holiday Surge Despite Pandemic
Risky Business: Malls See Late Holiday Surge Despite Pandemic
January 04, 2021  |  Retail

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...

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Macy’s, Nordstrom, Other Department Stores Need Better Drama Quotient
Macy’s, Nordstrom, Other Department Stores Need Better Drama Quotient
November 23, 2020  |  Retail

It’s hard to find things to like about the department store sector these days. Macy’s reported earnings last week, and it didn’t help naysayers change...

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Dillard’s Surprises Department Store Sector By Posting A Profit
Dillard’s Surprises Department Store Sector By Posting A Profit
November 13, 2020  |  Retail

A department store reported a profitable Q3 this week. Really. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Simon Properties Earnings Show Positive Trends For Brick-And-Mortar Retail
Simon Properties Earnings Show Positive Trends For Brick-And-Mortar Retail
November 09, 2020  |  Earnings

Simon Properties continues to defy the odds, posting a pandemic-depleted but profitable quarter Monday (Nov. 9). The mall and outlet center real estate investment trust...

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