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...
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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,...
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...
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...
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...
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...
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,...
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...
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...
“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...
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