Will Amazon’s ‘mini-DCs’ help save American malls?Many in the retail industry were surprised this week by reports that Amazon has been talking with Simon about putting distribution centers into some of the mall chain’s shuttered Sears and Penney’s stores. 80% of national brand tenants paid their rents in JulyWhile states use case counts to measure the tenure of the COVID-19 pandemic, landlords use rent checks--and they got lots more of them last month. 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. Lord & Taylor files for bankruptcy; looking for new owner The country’s oldest department store retailer has joined the growing list of companies undone by COVID-19. Report: Sycamore closes in on J.C. Penney purchase A private equity group is reportedly bidding $1.75 billion to purchase the bankrupt J.C. Penney department store chain. Illinois town works to resuscitate its big mall An Aug. 13 hearing has been set to review tax increment financing for Hawthorn Mall that could help it embark on a $250 million renovation. J.C. Penney to cut workforce by 1,000 J.C. Penney Company is reducing its workforce on the heels of downsizing its store portfolio as it looks to emerge from bankruptcy. J.C. Penney to permanently close two stores in New York City J.C. Penney has revealed more details about its store closing plans. ‘Jasper Mall’ presents the last act of a small town mall In an America where enclosed malls give way to entertainment and food-driven town centers, malls that served as community hubs in the 80s struggle to survive in the 20s. J.C. Penney details more store closings J.C. Penney is getting ready to kick off its second phase of store closing sales as part of its store optimization strategy. First Previous 18 19 20 21 22 Next Last
