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Houston Galleria Shopping mall
News

Malls Keep Plummeting In Value As Every Other Sector Of CRE Is Stable

... Sears and Macy's or in-line apparel retailers like Payless ShoeSource. Last year, over 9,300 stores went vacant, an ...

Feb 09, 2020
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The Life Of A Retail Broker Is Never Going To Be The Same Again
News

The Life Of A Retail Broker Is Never Going To Be The Same Again

... tenants like Sears, Pier 1 Imports, Toys R Us and Payless Shoes struggle and close their stores. Brokers then have to ...

Jan 30, 2020
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Citi Trends Pivoting Away From Fast-Fashion, To Expand Past 600 Stores
News

Citi Trends Pivoting Away From Fast-Fashion, To Expand Past 600 Stores

... to be. "Some of it is due to retailers like Payless [ShoeSource] and Fred’s completely going out of business, as ...

Dec 02, 2019
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Forever 21 Wants Its Biggest Landlords To Prevent Liquidation In Upcoming Bankruptcy
News

Forever 21 Wants Its Biggest Landlords To Prevent Liquidation In Upcoming Bankruptcy

... Brookfield's largest remaining tenants after the double-whammy of Payless ShoeSource and Gymboree's liquidations earlier this year. Between the ...

Sep 18, 2019
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San Francisco Retail Has Been Booming. So Why Is It Considering Heavy Vacancy Fees?
News

San Francisco Retail Has Been Booming. So Why Is It Considering Heavy Vacancy Fees?

... , according to Coresight Research. Bankruptcies have continued as well, with Payless ShoeSource and Gymboree both filing for Chapter 11 this year ...

Jul 16, 2019
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Dollar General
News

Discount Retailers Will Open More Than Half Of All New Stores Nationwide This Year

... far, including 2,300 from a single, now-defunct chain: Payless Shoes. The growth of discounters has outlasted the impetus of ...

Jun 14, 2019
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Eastgate Topshop
News

Arcadia Group To Shutter All U.S. Topshop And Topman Locations

... going belly up in the United States. Gymboree Group, Shopko, Payless ShoeSource, Charlotte Russe Holding and FullBeauty Brands have all filed ...

May 24, 2019
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Why Are So Many More Stores Closing Than Last Year?
News

Why Are So Many More Stores Closing Than Last Year?

... was too late to make much difference. Toys R Us, Payless ShoeSource, Pier 1 Imports and others have run into similar ... Us and The Sports Authority in recent years, has caused Payless to close over 2,000 stores this year and has ...

May 07, 2019
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A Neiman Marcus store in San Francisco
News

Neiman Marcus' Mounting Debt Woes Leave Exposed Mall Investors Antsy

Last week, Neiman made significant headway in attempting to extend $2.5B of debt by reaching a preliminary agreement for a three-year extension on scheduled maturity payments. Aurelius Capital Management is alleged to have pushed the department store to ...

Mar 28, 2019
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Are Newspapers Being Gutted For Their Real Estate?
News

Are Newspapers Being Gutted For Their Real Estate?

... fund, ESL Investments. Alden carried out a similar strategy with Payless ShoeSource, closing over 400 stores through bankruptcy proceedings, according to ...

Feb 12, 2019
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