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Battersea Power Station retail interior
News

Battersea Power Station Set To Shift Retail Axis In London

...  the post-pandemic proliferation of American candy stores, the departure of several department stores and a disjointed ownership that has seen ... is to keep residents within the borough and spending at stores and restaurants closer to home. “We want to ...

Oct 04, 2022
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Macy's is among the retailers reporting a downturn in consumer spending during Q2 2023, prompting questions about how retailers will fare during the second half of the year.
News

Retailers Flash Warning Signs That Consumer Spending Might Be Waning

... that its “other revenue” — which Reuters reports is primarily the department store’s credit business — declined by 2% in Q2. The ... the first half of this year and opened 36 new stores, CoStar reported. Its financial standing has improved — it reported a ...

Aug 25, 2023
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This Week's London Deal Sheet
News

This Week's London Deal Sheet

... SF at the two centres. They include Frasers Group, with department stores House of Fraser and Sports Direct. Other renewals include photography ...

Aug 08, 2024
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100 Wall St., acquired by David Werner Real Estate Investments and Lloyd Goldman’s BLDG Management this week for $116M.
News

This Week's N.Y. Deal Sheet

... in North America in addition to selling its apparel in department stores, has signed an 11-year office lease for 25K SF ...

Jul 30, 2024
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Costco
News

Retail Sales Drop, With Some Retailers Facing Holiday Extinction

... down 3.5%) and car dealers (down 1.7%). Department stores, the perennial Charlie Brown of the retail sector, suffered a ... Moody's named as especially at risk Belk (department stores), Beverages & More, Jo-Ann Stores, Party City Holdings, The Fresh Market, MED ...

Dec 16, 2020
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Data Center Developer Compass To Buy Sprawling Former Sears Campus
News

Data Center Developer Compass To Buy Sprawling Former Sears Campus

... of late June, there were only 12 Sears department stores in existence, down from more than 4,000 at its ...

Jul 20, 2023
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Sandero Landings Homestead Miami-Dade D R Horton
News

This Week’s South Florida Deal Sheet: D.R. Horton Buys Land For 1,200-Unit Project

... Pinecrest, property records from Vizzda show. The seller was Federated Department Stores Inc., Macy’s real estate holding firm.  Stephen Woodbridge, the ...

Jul 08, 2024
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Oglethorpe Mall Savannah Georgia Brookfield
News

Brookfield’s Plan To Transform $10B Mall Portfolio Snagged By Market Realities

... and Seattle, and it has redeveloped more than 40 former department stores since the acquisition. But executives at the firm told the ...

Jun 24, 2024
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Lady at the mall shopping
News

How Shopping Centers Are Adapting To Changing Consumer Behavior

... an identity crisis. Faced with the poor performance of department stores and other retailers, they have needed to reinvent ... greater access to diverse restaurants, coffee shops and stores. Multifamily residential buildings attached to shopping centers are ...

Jun 13, 2023
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The Lakeforest Mall in Gaithersburg.
News

D.C. Area’s Malls Are Surviving The Pandemic, But Major Changes Are Coming Anyway

... , like Dulles Town Center and Lakeforest Mall, multiple department stores have closed, the properties have changed hands and the ... the property.  Gaithersburg's Lakeforest Mall has lost three department stores: JCPenney, Lord & Taylor and Sears. Only Macy' ...

Dec 10, 2020
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