For the second year, J.C. Penney Co. Inc. is celebrating what is now the federal holiday of Juneteenth across its offices, supply chain facilities, and stores.
Seven years before COVID-19 stalked open society and changed the game for owner-operators of shopping centers, CEO Joe Coradino began disposing of under-performing malls in PREIT’s portfolio and replacing traditional anchors with restaurant plazas and entertainment purveyors.
An office-and-retail makeover of the historic Dayton Dry Goods building in downtown Minneapolis has turned into a takeover—and the project’s developer intends to fight it.