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NRF Big Show 2026
News

The Fed's Not Budging, Inflation Is High, But Retail Boosted By Trillion-Dollar Holiday Sales

... clubs like Costco and the beauty brands did well, but department stores, sports and consumer electronics were all down, Volberding added. ...  ICSC said 92% of younger shoppers went to physical stores over the holidays, Generation Z's renewed enthusiasm for ...

Jan 19, 2026
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Selfridges Seeks Extension To £1.8B Property Debt Pile, Prepares Extra Cash To Avoid Breaches
News

Selfridges Seeks Extension To £1.8B Property Debt Pile, Prepares Extra Cash To Avoid Breaches

... Sunday Times reported. The deal saw the duo buy 18 department stores from the Canadian Weston family, including Selfridges in London, Manchester ... Oxford Street is one of the world's most famous department stores and is the second-largest store in the UK ...

Nov 06, 2023
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Baltimore Mayor Brandon Scott speaks with Seawall Development Principal Thibault Manekin during the ceremonial opening of the new Lexington Market building.
News

Lexington Market Is Now Open, But Its Backers Admit Westside's Still A Work In Progress

... As the white flight from the city accelerated, the department stores that called the Westside home either closed or followed ... the ensuing years, the large buildings once occupied by department stores sat vacant and deteriorated into blight. The record and ...

Jan 31, 2023
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The Tishman Speyer Macy's redevelopment
News

Tishman Speyer Scores Refi For Downtown Brooklyn Macy's Project

... the Abraham & Straus flagship department store. After being acquired by Federated Department Stores in 1994, most Abraham & Straus stores were converted to Macy's ...

Aug 21, 2024
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Galleria Mall in Fort Lauderdale at 2414 E. Sunrise Blvd.
News

Former WeWork CEO Among New Owners Of Fort Lauderdale Galleria Mall

... only 67% occupied. The mall is anchored by two major department stores, Macy’s and a separately owned Dillard's. Other ... stores include H&M, Free People, Banana Republic and Apple. “Our ...

Sep 22, 2025
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Saks Fifth Avenue
News

Saks Parent To Acquire Neiman Marcus For $2.7B With Amazon, Salesforce As Investors

... s Canadian assets, which include its namesake Hudson's Bay department stores, would be spun off into a separate entity. Alongside Amazon ... 2020, eliminating $4B in debt and closing a number of stores. “For years, many in the industry have anticipated this ...

Jul 08, 2024
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Oxford Street
News

Shaking The Status Quo: Can Anything Pop The Feel-Good Factor Back Into Oxford Street?

... Oxford Street for permanent stores. Despite departures and downsizing among the street’s department stores, new lettings announced recently ... . Foyle also said the ongoing redevelopment work at department stores such as John Lewis and the former Debenhams, ...

Oct 23, 2023
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Dublin Waits On Debenhams Decision As City Bucks Retail Struggles
News

Dublin Waits On Debenhams Decision As City Bucks Retail Struggles

... no space fillers like in old-style department stores." Ikea previously explored buying the former Clerys department store. In recent times, the Swedish ...

Oct 26, 2022
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Qatari Funds Run The Rule Over £4B Selfridges
News

Qatari Funds Run The Rule Over £4B Selfridges

... Qatar’s state funds already own a pair of luxury department stores: the Qatar Investment Authority bought Harrods in 2010 and a ... tourists for a big chunk of their income. While chain department stores were faring badly even before the pandemic, in 2019 ...

Oct 18, 2021
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Sears
News

Sears' $10-A-Year Mall Of America Lease Stands As Supreme Court Declines To Weigh In

... retail titan was given discounted rent as a powerhouse department store chain that served as a foot traffic driver for ... developers gave super-cheap and sometimes rent-free leases to department stores for several reasons,” Rudy Milian, president and CEO of ...

Apr 23, 2025
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