-
Cushman & Wakefield awarded major Bloor Street leasing assignment
Toronto -- Cushman & Wakefield has been appointed retail leasing agent for 100 Bloor Street West, a major shopping mecca in Toronto. Currently occupied by Pottery Barn and Williams Sonoma, the flagship retail space represents the largest block of available space on Bloor Street in the past 20 years.
-
Sears Q2 loss widens, more store closings on tap
Hoffman Estates, Ill. -- Sears Holdings Corp. on Thursday reported a bigger-than-expected loss in its second quarter – the retailer’s ninth consecutive quarterly loss – amid weak sales. The retailer also announced it may close additional stores on top of the 130 closures already underway this year.
Sears also said Thursday the company plans to explore options with lenders to achieve more long-term capital-structure flexibility in the coming six to 12 months.