Rent the Runway to shut all stores permanentlyRent the Runway is getting out of the freestanding brick-and-mortar business. Done Deal: Simon – Authentic Brands buy another retail brandThe retail portfolio of the joint venture between Simon Property Group and brand management company Authentic Brands keeps expanding. Brooks Brothers to be acquired in $325 million deal that keeps some stores open Simon Property Group has stepped in to help another bankrupt retailer. Stein Mart files for bankruptcy with store closing plans Stein Mart is the latest retail victim of the COVID-19 pandemic. Commercial real estate bankruptcy legislation introduced Legislation has been introduced that would make "meaningful" temporary changes to bankruptcy laws, related to commercial real estate. J.Jill inches closer to bankruptcy as it extends forbearance — again J.Jill received more breathing room on the day that its forbearance agreements were set to expire. J.C. Penney lenders reportedly looking for higher bids The bids that have come in for bankrupt J.C. Penney are reportedly lacking a bit. Bankrupt parent of New York & Company sells e-commerce businesses New York & Company will continue to do business, if only online. Plunge in retail rents continue on Fifth Avenue and other luxury shopping sites Average asking rents along 16 high-yield retail corridors in Manhattan were $688 per square foot during the quarter ending on June 30. 7-Eleven expanding store footprint with $21 billion all-cash acquisition 7-Eleven has made the largest acquisition in its history and one of the largest to be announced since the pandemic began. Report: Neiman Marcus may exit bankruptcy by year’s end Neiman Marcus Group has received conditional approval for a reorganization plan that could have it leave Chapter 11 bankruptcy in early December. Coldwater Creek calls it quits – at least for now A struggling women’s apparel retailer is closed, although a message on its e-commerce site implies a return is possible. First Previous 39 40 41 42 43 Next Last