ARTICLES BY THIS AUTHOR
- 8/18/2020
CBL initiates Chapter 11 restructuring and plans to 'continue as normal'
CBL Properties will file for Chapter 11 bankruptcy protection in concert with a pre-made restructuring agreement with its lenders that will keep all of its 108 properties open and operating. - 8/18/2020
Mall of America misses another mortgage payment, enters forbearance agreement
After having missed three mortgage payments, Mall of America’s collateral value has slipped from $2.3 billion to $1.9 billion. - 8/17/2020
New York fitness centers to open next week; six states keep gyms closed
The fit will again be getting fitter in the state of New York, leaving just six states where fitness businesses must remain closed due to coronavirus concerns - 8/17/2020
PREIT ventures into e-commerce with back-to-school program
PREIT, one of the many big mall owners whose shoppers have been doing more shopping online, has decided to follow them there. - 8/13/2020
Laundromat leader looks to expand during the pandemic
PWS laundry has built and sold more than 3,000 laundromats since, and now the founder’s grandson is running the family business with a partner. - 8/13/2020
AMC to re-open 100 theaters with 1920’s ticket prices of 15 cents
COVID-19 has been especially tough on the movie business. Sell-out crowds and social distancing don’t mix. - 8/12/2020
Will Amazon’s ‘mini-DCs’ help save American malls?
Many in the retail industry were surprised this week by reports that Amazon has been talking with Simon about putting distribution centers into some of the mall chain’s shuttered Sears and Penney’s stores. - 8/12/2020
Westfield merges physical and digital marketing functions
Retailers and retail center owners alike have been expanding their omnichannel efforts since COVID-19 altered the way they do business. - 8/11/2020
5Qs for Barry Wolfe on doing sale-leasebacks to grow during the pandemic
Barry Wolfe recently tipped us off to the growing role of sale-leasebacks during COVID-19. - 8/11/2020
Big data drives big changes at a Cincinnati town center
Liberty Township, an affluent suburb of Cincinnati, is a town on the rise.