ARTICLES BY THIS AUTHOR
- 10/6/2020
CBRE forecasts just a 1.5% rise in holiday sales this year
The average 4.1% rise in holiday sales that was posted since 2010 will cool down precipitously to just 1.5% this year, according to CBRE’s just-released report, “A Holiday Shopping Season Like No Other.” - 10/6/2020
Apex Entertainment re-opens at Destiny USA
Apex Entertainment this week re-opened its 50,000-sq.-ft. activity center at Destiny USA, Pyramind Management’s 2.4 million-sq.-ft. retail, dining, and entertainment center in Syracuse, N.Y. - 10/6/2020
COVID-curbed theaters, restaurants held rent collections under 90% in September
Paid rents at retail centers ticked up from 81% in August to 83% in September, still far below the 93% collected last year at this time. - 10/5/2020
Regal Cinemas re-closes; will shut down all 536 locations
After commencing a re-opening in August, Regal Cinemas has once again shut down all 536 of its theaters following MGM/Universal announcement of the delay of “No Time to Die,” the new James Bond Film. - 10/4/2020
New co-CEO aims to make American Dream a digital destination
Unlike his cousin Don, who has spent most of the last 10 years re-shaping the Mills Corporation’s stymied Xanadu project in New Jersey into American Dream, Mark Ghermezian opted not to begin his professional career in the family business. - 9/30/2020
American Dream re-opens on October 1 – with retail
Seventeen years after the project had its beginnings the New Jersey Meadowlands—Triple Five’s third mega-mall opens its doors to the public on Thursday. - 9/30/2020
MainPlace Mall takes discounts digital with loyalty app
MainPlace Mall will handle social distancing by dispatching loyal customers to the stores they like for the discounts they want. - 9/29/2020
North Carolina mall gets a new life for Christmas
A May 2019 review of the Randolph Mall in Asheboro, N.C., by “Pawlover”, said, “This mall probably won't last too much longer, which is a bit sad.” Well, Pawlover, cheer up. The mall is making a comeback. - 9/29/2020
New grocery-anchored center planned for Naperville
Thompson Thrift Retail Group will build its first center in Naperville. - 9/27/2020
Poag center receives bio-risk accreditation from sanitation association
The Avenue Viera, a 600,000-sq.-ft. outdoor shopping center in Viera, Fla., has become the first center in America to win the Global Biorisk Advisory Council’s GBAC Star accreditation.