malls

Philly-Area Mall Developer Warns Of Possible Chapter 11
Philly-Area Mall Developer Warns Of Possible Chapter 11
October 19, 2020  |  Retail

One of the mall sector’s more innovative real estate investment trusts has hit financial turmoil. The Pennsylvania Real Estate Investment Trust (PREIT) last week reached...

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Despite Amazon, Mall-to-Warehouse Conversions Are Losers, Barclays Warns
Despite Amazon, Mall-to-Warehouse Conversions Are Losers, Barclays Warns
October 15, 2020  |  Retail

Mall owners may want to think twice before converting shuttered storefronts into trendy eCommerce warehouse hubs, a new report finds. Amid a rash of bankruptcies...

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American Dream Mall Reopens Under Financial Cloud
American Dream Mall Reopens Under Financial Cloud
October 02, 2020  |  Retail

Seventeen years after ground was first broken on the project, Triple Five Group has reopened the American Dream mall in East Rutherford, N.J., outside New...

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Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Figures Show
Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Figures Show
September 27, 2020  |  Real Estate

Many U.S. commercial properties have lost 25 percent or more of their value as the impact of the coronavirus has taken its toll on hotels,...

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Mall Sector Gets More Bad News; Neiman Marcus To Cut Staff
Mall Sector Gets More Bad News; Neiman Marcus To Cut Staff
September 24, 2020  |  Retail

The embattled mall category absorbed more bad news this week as Brookfield Properties and Neiman Marcus showed further signs of consistent financial stress. Along with...

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Innovative Approaches To Supporting Remittances, Malls And CPG
Innovative Approaches To Supporting Remittances, Malls And CPG
September 23, 2020  |  Today In Data

International remittances are a lifeline for a number of households that depend on family members working in other countries to send money home. To ensure that...

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Philadelphia Mall Owner Takes Care Of Its Own
Philadelphia Mall Owner Takes Care Of Its Own
September 22, 2020  |  Retail

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. On one side of the spectrum sits...

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European Mall Operator Citycon Works On BOPIS Service
European Mall Operator Citycon Works On BOPIS Service
September 17, 2020  |  eCommerce

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is...

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New Jersey’s $5B American Dream Mall To Reopen In October
New Jersey’s $5B American Dream Mall To Reopen In October
September 04, 2020  |  Retail

The wait is over for shoppers who have missed the $5 billion American Dream Mall in East Rutherford, New Jersey. On Thursday (Sept. 3), its...

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