Development/Redevelopment

PREIT reports 22% holiday traffic increases at two renovated malls

PREIT, one of a number of traditional mall owners engaged in major renovations, reaped outstanding results from its efforts at re-done centers over the holidays.
First Look: Staples launching new retail concept in Boston

Staples is thinking outside the office with a reimagined store format that spotlights coworking, podcasting and community event spaces.
Forever 21 in deal to sell itself for bargain price of $81 million

Forever 21 is looking to sell its retail business to a group that includes two of its biggest landlords.
Dick’s Sporting Goods in new store openings

Dick’s Sporting Goods will be busy in February.
Retail real estate veteran to take reins of WeWork

WeWork, the embattled co-working office space company, has ended its search for a new CEO by naming a seasoned retail real estate executive to the post.
Forever 21 seeks to sell itself at auction to keep brand alive

Forever 21 is running out of options.
Clicks-to-bricks retailers quadrupled in SoCal over last four years

Rising costs and competition in the online marketplace, exacerbated by supply chain limitations, have unleashed waves of e-coms seeking out space in retail centers in Southern California.
Amazon to double down on expansion of Amazon 4-star stores

Amazon continues to expand its brick-and-mortar presence.

Macy's in big cost-cutting moves; will close 125 stores