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J.C. Penney Struggles With Major Debt, Mulls Options
News

J.C. Penney Struggles With Major Debt, Mulls Options

... , but there will probably be more in 2020, CNBC reports. Department stores aren't the only kind of retail suffering from the ... Retail Group recently announced the closure of 53 more Dressbarn stores by the end of August. The move continues the winding ...

Jul 21, 2019
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16 Things You Need to Know This Morning
News

16 Things You Need to Know This Morning

GGP To Purchase, Redevelop 100 Vacant Department Stores Instead of purchasing any additional prime retail ... on purchasing and redeveloping vacant department stores across the country. GGP has completed 115 department store redevelopments in the last ...

Jun 09, 2017
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25 Things You Need To Know This Week (Retail)
News

25 Things You Need To Know This Week (Retail)

... Blake Nordstrom Dies Discounters Big Retail Winners In 2018, Department Stores Still Beleaguered Online Retailers See Increases In 5 Areas ... Back Together Amazon To Build More Whole Foods Stores Pop-Up Stores Making Mark On Denver Retail Scene Camping World ...

Jan 04, 2019
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Donald Trump Presidency
News

Trump's Tariffs On Remaining $300B Of Chinese Goods Puts Retail In Serious Jeopardy

... Goldman Sachs predicted in the wake of the announcement that department stores would once again be hit the hardest by higher costs ... with previous groups of goods, as many as 12,000 stores in the U.S. could close in the next year ...

Aug 05, 2019
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17K SF Back Bay Luxury Retail, Office Building Sells For $42M
News

17K SF Back Bay Luxury Retail, Office Building Sells For $42M

... high-end versions of the curbside pickup model seen at department stores.  Contact Tim Carroll at tim.carroll@bisnow.com.

Aug 04, 2020
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Sycamore Partners Could Buy JCPenney For $1.75B, Merge With Belk
News

Word On The Street: Belk Owner Sycamore Partners Could Buy JCPenney, Merge Them

... an eleventh-hour effort to bring life to two struggling department stores that remain staples within the U.S. shopping mall landscape ...

Jul 29, 2020
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Westfield Old Orchard, Skokie, Illinois
News

The Unibail-Westfield Merger Gives The Expanded Company Access To The Best Retailers Around The Globe

... attract the strongest retailers to its portfolio. Nelson said department stores — which have been affected the most by the ... wave of big-box retailers and department stores in particular going bankrupt and shutting multiple stores across the country. “The ...

Dec 15, 2017
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EagleBank Presents: 15 Things You Need to Know
News

EagleBank Presents: 15 Things You Need to Know

... General Plans Nearly 1,000 New Stores Next Year, Sees Opportunity In Food ... General is planning to open 975 new stores during its next fiscal year, which begins ... To U.S. Debut Retail Apocalypse, Mini Department Stores, Tech Giants Change The Face Of Pop-Up ...

Dec 10, 2018
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Macy's Location In Everett Gets The Ax
News

Macy's Location In Everett Gets The Ax

... a number of reasons for the closure of so many department stores: Amazon; the strong dollar keeping foreign tourists away; ... Marché, which moved from Downtown Everett in 1977. Federated Department Stores swallowed Bon Marché in the early 1990s, and eventually ...

Jan 09, 2017
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payless shoesource
News

Payless Bankruptcy Calls Into Question The Strength Of Discount Retailers

... -store discount, making Payless Shoe Stores' planned bankruptcy somewhat of a ... portfolio, Bloomberg reports. While major department stores like J.C. Penney and ... as of October 2016, while traditional department stores like Macy's averaged roughly $158 ...

Mar 23, 2017
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