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News

Retail Is Coming Back Without Having To Make Sweeping Changes

... almost recovered to 2019 levels of foot traffic, and while Nordstrom and Macy's still lag behind their numbers from two ...

Jun 23, 2021
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The Fashion Centre at Pentagon City mall, with the Ritz-Carlton hotel on the left and the office building in the background.
News

Owner Of Mall Near Amazon HQ2 Lands $450M Refinancing Deal

... , opened in 1989.  The Fashion Centre, anchored by Macy's, Nordstrom, Zara and other retailers, is 84.6% occupied as of ...

Apr 29, 2021
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Stakes Are High For A Mass Return To Work As Tenants' Plans Remain Mixed
News

Stakes Are High For A Mass Return To Work As Tenants' Plans Remain Mixed

... office footprints, including the corporate divisions of retail brands REI, Nordstrom and CVS Health, CNBC reports. CVS and Ralph Lauren both ... cut as much as 30% of corporate office space while Nordstrom and REI have both backed out of headquarters space in ...

Mar 11, 2021
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Dulles Town Center mall
News

Lerner Hands Over Keys To Dulles Town Center Mall

... at $55M.  The mall has lost two anchor tenants, with Nordstrom closing in 2017 and Lord & Taylor closing in 2019. The ...

Nov 13, 2020
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Retailers Prepare To Guard Stores Against Looting If Election Protests Erupt
News

Retailers Prepare To Guard Stores Against Looting If Election Protests Erupt

... quarterly report, while luxury retailers like Louis Vuitton, Gucci and Nordstrom are still boarded up on Chicago's Magnificent Mile retail ...

Oct 22, 2020
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The Children's National Prince George's County health center at Woodmore Towne Centre.
News

New Prince George's County Health Center Sells For $39M

... Centre. The shopping center also features a Costco, Best Buy, Nordstrom Rack, Party City and a host of smaller retailers.  While ...

Sep 11, 2020
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JCPenney mall
News

'It's Like A Bloodletting': Co-Tenancy Clauses, Bankruptcy Protections Hastening Mall Extinction

... 't declared bankruptcy are paying just partial or no rent. Nordstrom notified landlords last month of its plan to pay half ...

Jul 22, 2020
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Houston’s Retail Occupancy Dips, But Development Slowdown Is Keeping Supply Balanced
News

Houston’s Retail Occupancy Dips, But Development Slowdown Is Keeping Supply Balanced

... of permanent closings from large national retailers like JCPenney and Nordstrom, the report said. The retailers that have announced closures include ...

Jul 15, 2020
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Northgate Mall Durham NC
News

Malls Will Be Different When They Reopen — If They Reopen At All

... can open, with each big chain taking a different approach. Nordstrom and the Gap remain shut, for example, signaling uncertainty among ...

May 06, 2020
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If JCPenney, Neiman's Go Bankrupt Or Close Stores, These Retailers Could Benefit: Report
News

If JCPenney, Neiman's Go Bankrupt Or Close Stores, These Retailers Could Benefit: Report

... shoppers with penchants for other established brands like Macy's, Nordstrom, Marshalls and T.J. Maxx. Placer.ai notes 50% of ... Neiman Marcus visitors also went to Macy's last year. Nordstrom, Marshalls and T.J. Max secured about 30% of Neiman ...

Apr 30, 2020
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