Sears chairman, CEO and biggest shareholder and creditor of Sears Holdings Corp., is making his biggest push to date to save the beleagured company from filing for Chapter 11 bankruptcy protection.
Fifty-six of the 100 largest warehouse leases in the first half of 2018 were signed by e-commerce and third-party logistics companies, according to CBRE.
Two of the biggest names in malls are getting together on a Los Angeles outlet center that they hope will attract “the most affluent” locals and tourists.
Hudson’s Bay Company has entered into a deal that will result in the merger of Germany’s two biggest department store chains — Galerie Kaufhof and Karstadt — and help the Canadian retail giant pay down its debt.
The day after the Sears closed at Eastfield Mall in Springfield, Massachusetts, the owners hired Cushman and Wakefield to open a new chapter for the 87-acre property that was the town’s first enclosed mall when it opened in 1967.
