Ulta Beauty and At Home Group have joined the growing list of retailers who are taking additional measures to shore up their finances and reduce expenses as their stores remain closed during the COVID-19 pandemic.
Large mall owner PREIT girded itself further against the coronavirus shutdown by furloughing 62 employees at its properties and 41 corporate office employees.
Douglas A. Greenspan, a real estate veteran with broad experience in bankruptcy and restructuring cases, has joined A&G Real Estate Partners as managing director.
More retail companies are furloughing employees and announcing executive pay cuts — some to greater degrees than others — as stores remain closed indefinitely during the COVID-19 pandemic.