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(iStock/Illustration by Alexis Manrodt for The Real Deal)
National

Restaurants can apply for $29B in relief starting May 3

Help for restaurants promised by the federal $1.9 trillion coronavirus relief package is coming to fruition. On May 3,...

Restaurants can apply for $29B in relief starting May 3
Placer CEO Noam Ben-Zvi (Twitter, iStock)
National

Placer.ai raises $50M to track pedestrian foot traffic

Location data startup Placer.ai has raised $50 million after the company said it tripled its business last year. The...

Placer.ai raises $50M to track pedestrian foot traffic
Cinerama Dome in Hollywood (Getty)

ArcLight Cinemas says it’s The End

Pacific Theaters announced this week it will not reopen the Los Angeles-based ArcLight Cinemas chain, including the Cinerama Dome in Hollywood. The company owned 16 movie theaters with 300 screens between the ArcLight and...

ArcLight Cinemas says it’s The End
Dollar General CEO Todd Vasos (Retail Industry Leaders Association, iStock)
National

Dollar General thrives amid retail apocalypse

Don’t tell Dollar General that brick-and-mortar retail is dead. The retailer plans to open 1,050 new stores this year,...

Dollar General thrives amid retail apocalypse
(Getty, iStock)
National

McDonald’s to shutter hundreds of Walmart outposts

As fast-food restaurants with drive-throughs have gained popularity, those without have waned. Now, McDonald’s is planning to close hundreds...

McDonald’s to shutter hundreds of Walmart outposts
The vacancy rate for regional and superregional malls is at an all-time high.  (Getty)
National

Mall vacancy rate hits all-time high

It’s not just office and residential landlords who need to worry about soaring vacancy rates. The vacancy rate for regional and superregional malls hit 11.4 percent in the first quarter of 2021, the highest...

Mall vacancy rate hits all-time high
Crystal Mall in Waterford, CT; Prizm Outlets in Primm, Nevada; and Louis Joliet Mall in Louis Joliet, Illinois (Facebook, Google Maps, iStock/Illustration by Alexis Manrodt for The Real Deal)
National

Rock-bottom prices: 11 malls whose valuations have tanked

The pandemic has wreaked havoc across the retail industry, but few have been hit harder than second-tier malls. And...

Rock-bottom prices: 11 malls whose valuations have tanked
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