Starwood misses debt payments, loses five mallsStarwood Capital Group missed as many as four payments on a $549 million commercial mortgage-backed security it used to buy a distressed group of seven malls in 2013 and, as a result, has lost five malls in an open bid. Papa John’s to open 49 new locations in Northeast expansionPapa John’s has signed its largest domestic traditional store development agreement in 20 years. Confirmed: J.C. Penney in $1.75 billion deal to sell retail and operating assets J.C. Penney Company is seeing light at the end of the tunnel with the help of two biggest landlords. Simon and Brookfield reportedly in $800 million deal to acquire J.C. Penney Two mall owners have come to the rescue of embattled J.C. Penney. LVMH pulls out of mega-deal to buy Tiffany; U.S. jeweler fires back The biggest-ever deal in luxury retail is off — at least “as it stands” now. American Eagle Outfitters taps Aerie president for big new role The force behind American Eagle Outfitters’ fast-growing intimates brand is taking on new responsibilities. Academy Sports + Outdoors files to go public Academy Sports and Outdoors has publicly filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering. Sur La Table gets $35 million credit facility The joint venture that acquired Sur La Table has received financing to support its growth. Coldwater Creek assets acquired by Hong Kong-based company Coldwater Creek will be revived – online and in print. Neiman Marcus reorg plan approved; to exit Chapter 11 by end of September Neiman Marcus Group has received court approval of its Chapter 11 reorganization plan. First Previous 209 210 211 212 213 Next Last
