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.
Phillips Edison chief Jeff Edison’s top concern was his tenants when COVID-19 shut down nail salons, fitness centers, and other non-essential businesses in his centers.
The news that Sephora plans to open hundreds of in-store shops at Kohl’s stores has brought a reaction from its longstanding retail partner, J.C. Penney.
Having had the Bankruptcy Court for the District of Delaware confirm its restructuring plan, PREIT issued an announcement that it expected to emerge from Chapter 11 bankruptcy protection within the next few weeks.