Wendy’s taps longtime PepsiCo exec as new CEOThe Wendy's Company named a new chief executive as it faces a possible challenge from an activist investor. Macy’s to close five mall stores, cut 2,350 jobsMacy’s, Inc. is looking to become a “more streamlined” company. Ramadani named chief investment officer at Cullinan Properties Also moving into the mixed-use developer’s top ranks is new senior VP of leasing Ken Hinkle. Costco posts strong quarter; up store openings; no membership fee hike — yet Costco Wholesale Corp.’s new fiscal year is off to a strong start with the company reporting better-than-expected earnings and revenue for its first quarter. CBRE: Available retail space will decline in 2024, despite promised rate cuts The global retail services firm predict the open space rate will drop by 20 basis points to 4.6% Good retail vibrations felt at ICSC New York And they promise to keep buzzing with the Fed’s promise of three interest cuts in 2024. DLC to extend its expansion spree with new capital The open-air center operator plans to double the size of its portfolio by 2026 using funding from Temerity Strategic Partners. Macy’s reportedly receives $5.8 billion buyout offer from investor group Macy's, Inc. may be going private. PREIT files for Chapter 11, malls to stay open during restructuring The mall owner commits to paying vendors, suppliers, and employees during the proceedings and expects to emerge from bankruptcy by February. NRF: U.S. economy on track to end year on high note The U.S. economy is closing out 2023 in good health, according to the National Retail Federation (NRF). First Previous 13 14 15 16 17 Next Last
