Simon Property Group

The new owners of Forever 21 plan to expand the teen retailer’s presence south of the border.  

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.

Private equity firm Sycamore Partners is in early talks to take J.C. Penney out of bankruptcy if the retailer’s negotiations with its creditors fail, reported Reuters.

CBL & Associates, which owns 108 properties, has serious doubts about its future amid skipped rent payments from retail tenants due to the COVID-19 pandemic. 

The biggest mall owner in the U.S. is suing one of its most important in-line tenants. 

There are three types of bad actors among retail center tenants not paying rent, said DLC Management Corp. CEO Adam Ifshin.