TENANT UPDATE

Pyramid asks New York State to let malls open this week
A great percentage of the 2.4 million sq. ft. at Destiny USA in Syracuse, N.Y., is devoted to entertainment and dining, but the mall’s owner has promised Gov. Andrew Cuomo that those tenants won’t be re-opening this week if its retail shops can.
TORG signs 13 new tenants at re-opened outlets
When The Outlet Resource Group started re-opening outlet centers it operates in places like Oklahoma City and Park City, Utah more than a month ago, stores were slowly recapturing employees and restocking merchandise.

All G.H. Bass, Wilsons Leather stores to be liquidated in company restructuring

G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business.
Sears, Kmart stores are doing a slow fade

A look at what’s left of the Sears portfolio shows that the troubled retailer’s store footprint is doing a disappearing act.
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 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 has blowout quarter; 2020 store expansion/remodels remain on track

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 store closing sales to start in June

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 to require that kids wear masks

The Disney Store has released guidelines for its store reopenings.
CoStar: Retail rents will fall as much as 15% in 2020

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

Pyramid asks New York State to let malls open this week

TORG signs 13 new tenants at re-opened outlets

All G.H. Bass, Wilsons Leather stores to be liquidated in company restructuring

Sears, Kmart stores are doing a slow fade

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

Ulta Beauty slashes store expansion amid dismal Q1

Dollar General has blowout quarter; 2020 store expansion/remodels remain on track

J.C. Penney store closing sales to start in June

Disney Store to require that kids wear masks

CoStar: Retail rents will fall as much as 15% in 2020