News

Three-fourths of Kimco’s top 50 tenants paid rent in April

One of the top nation’s top owners of necessity-based centers claims to have fared well through the pandemic-afflicted first quarter.
Commentary: Mobile app security in the midst of a pandemic

Facing the COVID-19 pandemic and subsequent lockdown, major retailers have had to depend more heavily on mobile apps to stay connected to customers and keep business moving.
Penney starts opening doors in phased reopening plan

J.C. Penney Co. Inc. is including social distancing, hygiene measures, and contactless payment in its store reopening protocols.
Consumer impulse purchases jump in April

Americans spent more on impulse purchases post-pandemic than before the outbreak.
Neiman Marcus files for bankruptcy

In a move that was not unexpected, Neiman Marcus Group has filed for bankruptcy with an agreement that will eliminate about $4 billion of its debt and make its creditors the majority owners of its business.
ASHRAE offers COVID-19 guidance on HVAC ops as buildings reopen

The ASHRAE Epidemic Task Force is providing guidance on mitigating potential health risks during the reopening of buildings closed during the COVID-19 pandemic.
Costco rolls out national same-day prescription delivery

Costco prescription delivery via Instacart is now available nationally.
Canada’s Aldo Group seeks bankruptcy protection, citing COVID-19 impact

The Aldo Group Inc. wants to restructure its debt via bankruptcy.