Retail


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National retail chains paid 80% of July rent, a Covid high

An increasing number of retailers are finding their rent is no longer too damn high. Major retail chains paid...

National retail chains paid 80% of July rent, a Covid high
Retailers are rejecting leases amid bankruptcy filings, putting a strain on landlords. (iStock; Pixabay)

Retailers rejecting leases amid bankruptcy could bring “tsunami” for landlords

Retail bankruptcy filings have skyrocketed in recent months, with a key benefit being the ability to exit a pricey,...

Retailers rejecting leases amid bankruptcy could bring “tsunami” for landlords
Gaw Capital Chairman Goodwin Gaw and DJM founder John Miller with a rendering of the project

TRD Insights: Hollywood & Highland is getting a makeover. Here’s what tenants are paying now

When the famed Hollywood & Highland shopping center traded for $325 million last year, it was the largest single-address retail deal outside of New...

TRD Insights: Hollywood & Highland is getting a makeover. Here’s what tenants are paying now
Secretary of Labor Eugene Scalia (Scalia by Samuel Corum/Getty Images; Noam Galai/Getty Images; Mike Pont/Getty Images)

Hospitality, retail led job gains in July

The hospitality, leisure and retail sectors led job gains in July, with unemployment levels improving slightly overall. Payroll employment rose by 1.8 million in July and the unemployment rate declined to 10.2 percent, following...

Hospitality, retail led job gains in July
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
B. Riley Real Estate president Michael Jerbich and  J.C. Penney CEO Jill Soltau (Getty, Linkedin, J.C. Penney)

J.C. Penney taps Cushman, B. Riley to sell 163 locations

As part of its plan to reduce its portfolio and cut costs amid Chapter 11 bankruptcy, J.C. Penney is...

J.C. Penney taps Cushman, B. Riley to sell 163 locations
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
The closures will primarily affect low-volume sales locations (Photo by Alexi Rosenfeld/Getty Images)

Dunkin’ to shutter 800 US locations

America will soon have to run on 800 fewer Dunkin’ Donuts. The retailer, one of the largest coffee and doughnut chains in the world, is permanently closing 8 percent of its U.S. locations, according...

Dunkin’ to shutter 800 US locations
Lord & Taylor and Men’s Wearhouse are just the latest big retail chains to file for bankruptcy (Lord and Taylor by Bruce Bennett/Getty Images; Men's Warehouse by Scott Olson/Getty Images)

Lord & Taylor, Men’s Wearhouse file for bankruptcy

Lord & Taylor and the owner of Men’s Wearhouse have fallen victim to the coronavirus, with the retailers filing...

Lord & Taylor, Men’s Wearhouse file for bankruptcy
Amazon CEO Jeff Bezos with (clockwise from top left: 1055 Bronx River Ave. in Bronx, NY; 3507 W. 51st St. in Chicago; 13200 Southwest 272nd St. in South Miami-Dade, Florida; 28820 Chase Place in Valencia, California (1055 Bronx River Ave via Google Maps; 3507 W. 51st St. via 42 Floors; 13200 Southwest 272nd St. via Google Maps; 28820 Chase Place via IAC Commerce Center)

“Headwind to profitability”: Amazon doubles down on fulfillment centers

Amazon has been on a torrid pace of leasing and acquiring millions of square feet of fulfillment centers and...

“Headwind to profitability”: Amazon doubles down on fulfillment centers
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