Simon cancels scheduled mall openings in New YorkSimon Property Group’s intention to make southern New York properties like the Woodbury Common outlet center part of its mass mall-reopening got postponed. ServiceChannel: Big problems face retailers in re-openingsNail salons and barber shops have been given the approval to re-open in Georgia and Simon Property Group will be opening 49 malls and outlets the first week of May. Simon plans to re-open 49 malls and outlets in May The nation’s biggest mall owner is about to make the nation’s grandest move back into business. Reuters: Lord & Taylor considering bankruptcy Another department store retailer may be weighing bankruptcy as its stores remain closed amid the COVID-19 pandemic. Simon furloughs 30% of its workforce The nation’s biggest, which had temporarily closed all of its properties, is now shedding nearly a third of its workforce. Growing cannabis retailer lights up supply chain with RFID Green Growth Brands is removing the need to physically locate, position and scan its products from source to store. Saks’ parent gets OK from shareholders to become private company Hudson’s Bay Company is one step closer to going private. Done Deal: Acquisition of Forever 21 finalized It’s a new day, hopefully, for Forever 21. Judge signals approval of Forever 21 sales to mall giants Forever 21’s sale to two of the nation’s largest mall operators for the modest sum of $81 million is almost a done deal. Simon to buy Taubman Centers in all-cash mega-deal The nation’s largest mall operator is getting bigger. First Previous 12 13 14 15 16 Next Last
