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.
Pier 1 got no relief in its fourth quarter as the chain reported weak results and suggested that it could close up to 15% of its stores if certain targets are not met. It also announced the departure of its CFO.
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.