Creditors, Landlords And Vendors Offer Bankrupt Retailers A Beacon Of Hope
U.S. retailers wracked with debt may have found relief thanks to creditors, vendors and landlords.
U.S. retailers wracked with debt may have found relief thanks to creditors, vendors and landlords.
The last 12 months have been difficult for retailers with dozens filing for bankruptcy. Here are the largest 11 filings of the year.
National retail chains are closing over 70M SF worth of stores in 2018, not including fashion retailer and wholesaler Nine West, which filed for bankruptcy.
Some parts of the tri-state area, and certain types of retailers are handling the shifting retail market better than others.
Eddie Lampert has proposed a plan to save Sears by selling billions more dollars in assets and restructuring its debt, most of which he owns.
Despite the loss of big-name big-box stores, Greater Philadelphia hit a two-year low in retail vacancy as it continues to outperform the nation at large.
Because the cost and complexity of home delivery has grown, retailers are focusing on having online orders shipped to their stores.
Experts say retail vacancies have hit 15-year lows and retailers have become increasingly competitive when hunting for locations.
Houston retail real estate reaches a 95% occupancy rate.
Commercial real estate runs the risk of falling behind if building owners fail to use this quiet time before the storm to rethink the future of their spaces.
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