Francesca’s Holdings Corp. has filed for filed for Chapter 11 bankruptcy protection, the latest apparel retailer whose business has been undone amid the pandemic.
The Michaels Cos. reported a better-than-expected third-quarter performance, driven by strong demand in its stores and online, where sales surged 128%.
For years, Phillips Edison’s national accounts and emerging trends team has been doggedly cataloging new trends in its neighborhood retail centers, but not as dogged as during COVID-plagued 2020.