The nation’s largest mall operator has called off its merger agreement with — and filed suit against — a rival, citing fallout from the COVID-19 pandemic.
As American malls begin a return to operations in a revised retail environment, Namdar Realty Group pursues its standard strategic mission of snapping up viable malls in B and C markets.
Macy's Inc. said it raised a total of $4.5 billion, providing it with sufficient liquidity to fund operations and address business needs as the economy starts to recover from the COVID-19 pandemic.
