As stores remain closed and rents go unpaid, top executives at the real estate companies that run malls and shopping centers continue to take pay cuts.
Texas Governor Greg Abbot allowed malls and shopping centers to sell online and deliver purchases curbside beginning last Friday, and several jumped at the chance.
The owner of Victoria’s Secret accused Sycamore Partners of “buyer’s remorse” in trying to back out of a deal to buy a majority stake in the struggling lingerie retailer.