National
Craft retailer Michaels to go private in $5B deal
Retailer Michaels has something new on the craft table: a takeover deal from Apollo Global Management. Amid a DIY...
The Latest
National
Disney will shutter dozens of brick-and-mortar stores
Even Mickey Mouse isn’t safe in the pandemic. Walt Disney Company plans to close 60 Disney Store locations across...
National
Internet, shminternet: Target adds, renovates stores as money pours in
Target has hit the bullseye. The big box retailer is adding and renovating stores as well as warehouses as...
National Weekend Edition
Return of the retailer: Century 21 relaunches
Attention shoppers: Century 21 is coming back. The New York-based discount retail chain that built a loyal following but...
National
Best Buy lays off 5,000 staffers, increases store closures
Best Buy had a successful 2020 — but the electronics retailer is scaling back. The company laid off 5,000...
National
Activist investors urge Kohl’s to cut real estate, inventory
A group of activist investors have something to say about Kohl’s. Macellum Advisors GP, Ancora Holdings, Legion Partners Asset...
Tri-State
Bonds for troubled American Dream mall up 25% this year
Municipal bonds issued for the American Dream mall in 2017 were hammered as the pandemic and other problems plagued...
National Issue
Brookfield’s internal affairs
There are several reasons why taking Brookfield Property Partners private might be a bad deal. The company’s investors lose a lucrative dividend, hundreds of millions of dollars’ worth of fees to its parent Brookfield...
New York
New York restaurateurs decamp to South Florida
It’s not just New York City residents who have migrated to South Florida in the past year. Business owners,...
National
Macerich looks to tap investors after stings from Covid then day traders
Macerich Company, the beleaguered mall REIT whose stock briefly soared last week before falling back down, is preparing to...
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