The largest U.S. banks are keeping their exposure to the beleaguered retail sector in check, according to Fitch Ratings' latest Banks Chart of the Month.
It had been months since a data breach had consumed the news when Equifax burst on the scene in September, announcing that hackers may have accessed information on 145 million Americans.
Next door to supermarkets is place for retailers to be, think board members of the Phillips Edison Grocery Center REIT I, and they trust investors will agree.
An activist hedge fund has purchased a 5% stake in Macerich, according to a CNBC report, sending the company’s shares up 12% and fueling talk it could push for a sale of the mall owner.
