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Simon Property Group’s David Simon and Gap CEO Sonia Syngal (Getty, Wikipedia, iStock)

Simon strikes back at the Gap with $107M lawsuit

Call it a retail rumble, with Simon Property Group in one corner and its largest national tenant in the...

Simon strikes back at the Gap with $107M lawsuit
Brookfield Property Partners CEO Brian Kingston and Burlington Mayor Miro Weinberger (Brookfield; Weinberger by Vermont National Guard)

Brookfield’s nixed mall redevelopment may signal strategy shift

A tough economic environment has led Brookfield Property Partners to cancel plans to redevelop a mall in Burlington, Vermont,...

Brookfield’s nixed mall redevelopment may signal strategy shift
Authentic Brands CEO Jamie Salter and an Ann Taylor store (Getty)

Authentic Brands, Sycamore eye buy of Ann Taylor parent company

Authentic Brands wants to make another big investment in the retail apocalypse. The company, along with frequent partners Simon...

Authentic Brands, Sycamore eye buy of Ann Taylor parent company
Carson Mayor Albert Robles and a rendering of the proposed project (Credit: The city of Carson)

Simon-Macerich mall project in Carson sparks latest legal claim

UPDATED, June 22, 6:17 p.m.: A steel contractor is suing the city of Carson, and mall landlords Simon Property...

Simon-Macerich mall project in Carson sparks latest legal claim
Baldwin Hills-Crenshaw Plaza mall and CIM co-founder Avi Shemesh

CIM Group backs out of mall buy after community backlash

CIM Group’s purchase of the 869,000-square-foot Baldwin Hills-Crenshaw Plaza mall ended before it started. The Los Angeles-based private equity...

CIM Group backs out of mall buy after community backlash
Rick Caruso and vandalized shops at the Grove shopping center (Credit: Jevone Moore/Icon Sportswire, and VALERIE MACON/AFP via Getty Images)

Looting devastates LA’s prime retail corridors

Michael Bohn’s architecture firm Studio One Eleven opened not in Silver Lake or another trendy part of Los Angeles...

Looting devastates LA’s prime retail corridors
Old Navy is facing two new lawsuits (Credit: iStock)

Mall owner sues Old Navy for abandoning ship

Last month, Gap Inc. suspended rent payments at its 2,785 retail stores nationwide, including Banana Republic and Old Navy,...

Mall owner sues Old Navy for abandoning ship
Brookfield Property Partners CEO Brian Kingston and two of Brookfield's largest retail assets, Ala Moana Center in Hawaii and Oakbrook Center in Illinois (Credit: Brookfield; iStock)

Behind Brookfield’s critical Covid moment

Brookfield Asset Management is taking a bold step in the thick of the Covid-19 crisis. The Canadian real estate giant is looking to invest $5 billion in retail companies hit hard by the pandemic,...

Behind Brookfield’s critical Covid moment
The coronavirus pandemic could be the nail in the coffin for many department stores (Photo by JEFF KOWALSKY/AFP via Getty Images)

Half of mall-anchored department stores could close within a year

If you’re looking for some post-lockdown retail therapy, your choices may be limited. More than 50 percent of department...

Half of mall-anchored department stores could close within a year
Macy’s prepares to unlock the doors

Macy’s prepares to unlock the doors

In the latest sign of a post-coronavirus retail world, Macy’s will reopen all its 775 locations by the end of June. The company will begin on Monday with 68 stores in Georgia, South Carolina,...

Macy’s prepares to unlock the doors
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