The owner of 100 shopping malls in more than two dozen states is under pressure following multiple news reports that Washington Prime Group (WPG) is set...
Shopping malls, once a vital part of the American landscape and the backbone of the retail industry, have seen real estate values plummet an average...
After contending with a “year like no other,” Tanger Factory Outlet Centers said customer levels at its three-dozen upscale open-air shopping campuses hit 90 percent...
There’s no shortage of brick-and-mortar-based retail executives who were happy to bid 2020 goodbye and turn the page on a new year. Arguably, no one...
Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential...
Some closed or struggling shopping malls are being reinvented as headquarters or campuses for companies. In pandemic commerce, small to medium-sized businesses (SMBs) that have embraced the digital...
In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. said it...
Struggling or shuttered shopping malls are sometimes redeveloped into medical buildings, multifamily residences and even Amazon distribution centers, but some are finding new life as...