TENANT UPDATE

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TENANT UPDATE

News and updates on new and existing retail center tenants.

Placer.ai: Here’s who will benefit from Pier 1 liquidation

It’s not just the obvious suspects — namely Walmart and Target — that have the potential to benefit from the liquidation of Pier 1 Imports.

ulta

Ulta Beauty slashes store expansion amid dismal Q1

The COVID-19 pandemic took a big toll on Ulta Beauty, which reported a first-quarter loss amid plunging store sales. 

Dollar General store exterior

Dollar General Corp. reported its biggest same-store rise in more than 10 years amid surging demand driven by the COVID-19 pandemic. 

J.C. Penney is reopening more stores that were closed amid the COVID-19 pandemic as it also gets ready to permanently shutter some of those locations.

disney store

The Disney Store has released guidelines for its store reopenings.

Some retail shops, restaurants, fitness centers, and movie theaters that survive the pandemic panic may be paying much lower rents in the coming years.

La Centerra at Cinco Ranch

As the COVID-19 related shutdowns began to wind down in Texas and Georgia, Poag Shopping Centers’ lifestyle centers were among the first to welcome back guests.

PECO social media image

As more states begin allowing non-essential businesses to re-open, Phillips Edison & Company has created a website to help tenants get going quickly at its 317 centers in the United States.

The National Restaurant Association released guidelines to be used in conjunction with the instructions that restaurant operators receive from authorities during their re-opening phase-in. 

The Palisades Center

The 2.2 million-sq.-ft. Palisades Center in West Nyack, N.Y., may have a tough time coming back following the coronavirus shutdown.

One of Franworth's Title Boxing Clubs

While the supermarkets that anchor necessity-based shopping centers across the U.S. are open and setting sales records, tenants such as restaurants and fitness clubs are closed and constructing survival plans.

ulta

Ulta Beauty Inc. joined the growing list of retailers whose stores will remain temporarily closed until “it is safe to reopen.”

store closed sign

With COVID-19 continuing to spread throughout the U.S., the nation’s retail chains are working to help prevent the spread of the virus.

Conor Flynn

When the pandemic hit, Conor Flynn and the rest of the leadership at Kimco were confident they’d make it through the tough times. 

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