Hines sells The Rim, busiest open-air center in TexasSan Antonio’s The Rim, at 1.6 million sq. ft the largest power center in Texas, has been sold by the Hines Global REIT Liquidating Trust for an undisclosed sum. Ralph Lauren to sell Club Monaco to private equity firmRalph Lauren Corp. is selling Club Monaco as part of its turnaround strategy to focus on its core namesake brands. Saks.com gets new financing to fuel growth Sak.com is looking to capitalize on economic recovery and drive growth through a new round of financing. Kohl’s expands board at annual meeting Kohl’s Corp. has moved ahead with its plan to expand its board of directors. Gap Inc. to resume stock buybacks Gap Inc. is resuming the share buybacks that it had suspended in March 2020 at the outset of the pandemic. Macy’s plans big upgrade of Herald Square, with new office tower atop flagship Macy’s is making a big investment in the neighborhood that surrounds its most iconic store, its flagship in New York City’s Herald Square. Paper Source to be acquired by Barnes & Noble parent company A British private equity firm is making another U.S. acquisition. COVID-19 dampens retail theft losses, not criminal greed Even as temporary store closures due to the pandemic cut down on total retail theft incidents and losses, thieves stole more per incident. Consumers more confident about shopping in-store Consumer confidence about shopping in stores is on the rise. April traffic report is optimistic about top-tier malls regaining their stature PREIT CEO Joe Coradino has a “winner-take-all” theory that lesser malls will close in most markets and better malls will capture their customers and flourish. First Previous 168 169 170 171 172 Next Last
