Retailers intrigued by the prospect of drone deliveries should be concerned by new data that shows a disturbingly high number of close calls with commercial aircraft.
The Federal Aviation Administration released data showing the number of incidents in which drones flew too close to a commercial aircraft increased to 1,200 last year from 236 incidents in 2014, the first year FAA began tracking the data.
Mall owner Westfield Corp. has acquired two buildings owned by Macy’s at Westfield Mission Valley mall in San Diego for approximately $16.5 million.
Included in the sale were a full-line Macy’s department store and a nearby — and much smaller — building that houses a restaurant.
The purchase comes as the retailer remains under pressure from an activist investor to sell off full or partial stakes in some of its real estate.
