Finance & Capital Management

Westfield exec joins RCS as managing director

Ed Coury, who amassed decades of experience on both the landlord and tenant side of lease negotiations, has been named managing director of RCS Real Estate Advisors.
Fred’s to close 159 stores; hires advisory firm

Fred’s Inc. is shuttering nearly 30% of its store fleet as part of its plan to turn around its ailing business.
Mattress Firm CEO steps down

The nation’s largest mattress retailer has lost its veteran leader less than five months after the chain emerged from bankruptcy.
Food Lion in $40 million remodel program

Food Lion is updating its stores in the Charlottesville/Harrisonburg, Virginia area.
Specialty retailer looks to cut costs via lease restructuring

Christoper & Banks is taking a deep dive into its store portfolio.
Expert Opinion: Two new strategies to deal with supply chain volatility

The trade war is the most significant issue facing global supply chains.
Study reveals how consumers plan to use — or not use — their tax refunds

Consumers don’t plan to do much shopping with their 2018 tax refunds.
REI touts record year; expanding rentals, pre-used gear sales

REI is doubling down on rentals as it builds upon its longstanding commitment to making the outdoors more accessible and sustainable. It also is opening more stores.

Pier 1 weighs store closings