PREIT files for Chapter 11 protection to enable restructuringBig mall owner PREIT has filed for Chapter 11 protection to gain access to an additional $150 million to extend its debt maturity schedule and allow it to follow through with planned strategic moves. J.C. Penney signs agreement with Brookfield, SimonJ.C. Penney has taken a big step towards its financial restructuring and emergence from bankruptcy. Home Depot signs biggest retail lease Manhattan has seen in years The Home Depot is going big in Manhattan. Landlords, lenders file suits as retail property values fall as much as 75% Tiffany, LVMH reportedly in talks to reduce deal value, settle dispute Tiffany & Co. and LVMH are discussing new terms for the U.S. jeweler’s acquisition, which could help settle the dispute between the two companies. The DST: One way retail property sales have remained active during the pandemic Acquiring and disposing of shopping centers became more complicated with changes in business caused by COVID-19. Ross Stores in 30 new store openings Ross Stores has completed its 2020 expansion. Rug merchant buys Stamford Town Center for $20.15 million The high-end rug merchant Safavieh has purchased the Stamford Town Center mall in Stamford, Conn., from Taubman for $20.15 million. Carter’s to close 25% of stores as leases expire Carter’s is closing a big chunk of its store base but it isn’t giving up on new store growth. Parent company of Winn-Dixie, other grocery banners files for IPO Southeastern Grocers is looking to join the public arena. First Previous 41 42 43 44 45 Next Last
