ARTICLES BY THIS AUTHOR
- 6/12/2020
92% of Phillips Edison tenants are back in business
With COVID-19 cases steadily declining and states allowing non-essential retailers to re-open, retail centers are finally starting to get back to normal. - 6/11/2020
Will one-third of American malls be closed by the end of 2021?
The retail industry is certainly expecting its COVID-19 casualty list to be high, but is it possible that one-third of all malls will cease to exist at the end of 2021? - 6/11/2020
Pandemic layoffs occur at ICSC
Just a few weeks after RECon, the real estate industry’s largest trade show, would have taken place, the International Council of Shopping Centers laid off a significant portion of its workforce. - 6/11/2020
5Qs for Carla Ferber on how tech will drive post-pandemic retail
Owners and operators of shopping malls and outdoor centers have never been known as early adopters of technology, but that most certainly is going to change in the post-pandemic era. - 6/10/2020
Former Sephora CEO: Pandemic is making retail do what it should have done years ago
In 2020’s first quarter, Sephora threatened to close the 600 shops it operates inside J.C. Penney stores before coming to an agreement to keep them open. - 6/9/2020
Namdar acquires Connecticut mall, its seventh this year
As American malls begin a return to operations in a revised retail environment, Namdar Realty Group pursues its standard strategic mission of snapping up viable malls in B and C markets. - 6/9/2020
Report: 20,000-plus stores will close in 2020, mostly in malls
A new report from Coresight Research predicts that 20,000 to 25,000 stores will close in the United States this year. - 6/8/2020
Pyramid asks New York State to let malls open this week
A great percentage of the 2.4 million sq. ft. at Destiny USA in Syracuse, N.Y., is devoted to entertainment and dining, but the mall’s owner has promised Gov. Andrew Cuomo that those tenants won’t be re-opening this week if its retail shops can.