Sears Holdings Corp. reduced its third quarter loss by $190 million helped by lower operating costs from its reduced store portfolio, but it saw no improvement on the revenue side as same-store sales plunged 15.3%.
Mid-America Real Estate executive Jessica Doherty was named president of the Minnesota Shopping Center Association at its recent awards ceremony in Minneapolis.
On Friday, Frank Lowy, received a knighthood from Queen Elizabeth at Windsor Castle. Today, a company from across the Channel ended his 60-year career as an international mall developer with a multi-billion-dollar sendoff.
Expect fall-out from conversations on sexual harassment and assault to manifest in policy proposals at all levels of government, according to weekly recap of retail-related legislation.
