Malls Are Back, But For How Long?

Few retail sectors were hit harder than malls during the height of the pandemic. But things bounced back far quicker than almost anyone expected. Simon Property Group (SPG), the nation's largest mall...

CNN Business
August 9, 2021

Tesla is Exploring a Restaurant Concept
Automotive - Dining - Retail

Tesla drivers may soon have a new way to multitask while charging their vehicles. The Palo Alto, Calif.-based electric vehicle automaker filed a trademark application last week under restaurant servi...

Commercial Observer
June 4, 2021

Here’s How America’s Malls Are Changing

Data shows about a quarter of U.S. malls could close over the next three to five years, accelerating a trend that began before the pandemic. Simon Property Group — the nation’s biggest mall owner ...

March 17, 2021

Tanger Outlets Says Foot Traffic is Back to Normal

Tanger Outlets this week said that in January, footfall at its U.S. shopping centers returned to pre-pandemic levels, thanks to their outdoor orientation and value proposition. In the fourth quarter, ...

February 22, 2021

America’s top tier malls were resilient, but values are ...

Real estate analytics firm Green Street estimates the values of so-called A-rated malls have tumbled about 45% from 2016 levels.A-rated malls are an important bellwether to monitor in the retail real ...

January 27, 2021

Ex Toys ‘R’ Us CEO: Most of the ‘huge increa...

Former Toys 'R' Us CEO Gerald Storch predicted on Wednesday that the Òhuge increasesÓ in online shopping will ÒstickÓ after the coronavirus pandemic, which has crushed certain retailers while prov...

Fox Business
January 12, 2021

JCPenney’s Jill Soltau Is Out as Retailer’s New Owners Spl...

Soltau will depart Dec. 31 and be succeeded by Stanley Shashoua, the chief investment officer of Simon Property Group Inc., while a search for a new CEO is conducted, according to a statement Wednesda...

Yahoo Finance
December 31, 2020

J.C. Penney launches apparel brand as it welcomes new owners
Fashion - Retail

J.C. Penney on Thursday introduced a new private label brand, Stylus, part of their "New and Wow!" branding effort. For the full story, visit Retail Dive  -

Retail Dive
November 12, 2020

J.C. Penney expects to exit bankruptcy ahead of holiday season

J.C. Penney is inching closer to being acquired by mall giants Simon Property Group and Brookfield Asset Management. For the full story, visit Chain Store Age  -

Chain Store Age
October 20, 2020

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