REAL ESTATE

Starbucks details plan to reopen 90% of U.S. stores by June 1 — with big changes

There are some major changes afoot — temporarily — as Starbucks Corp. ramps up to open its U.S. stores, which have been closed amid the COVID-19 outbreak.
Newmark execs take pay cuts

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.
Simon plans to re-open 49 malls and outlets in May

The nation’s biggest mall owner is about to make the nation’s grandest move back into business.
High Times magazine to open cannabis retail stores via an acquisition

A magazine that has been calling for the legalization of marijuana for nearly 50 years is jumping into the retail business in a big way.
Mall stocks rise on first day of trading this week

The stocks of leading REITs including PREIT, Macerich, Tanger, and Simon all rose when the market opened on Monday. How could that be?
Chico’s is first national apparel retailer to set reopening date

Chico’s FAS will begin a three-part store reopening plan on May 4. But it won’t be business as usual.
Retailers lay out phased-out approach to reopening stores

Increased sanitization measures and social distancing protocols for customers and employees play key roles in a plan for re-opening stores.
Havertys reopening its stores; slashes headcount

Havertys is planning to resume operations within a week and reduce its workforce.