PE firm to take Victoria’s Secret private as Leslie Wexner steps down
Leslie Wexner has agreed to sell his controlling stake in Victoria’s Secret to a private equity firm and to...
retail
Macy’s new skyscraper in NYC missing one key thing
Could real estate development be any harder than retail these days? Macy’s is about to find out. Macy’s is...
Pier 1 files for bankruptcy, seeks sale
Pier 1 Imports is officially bankrupt, more than a month after the retailer began closing hundreds of stores. The Texas-based home goods chain, which filed for Chapter 11 bankruptcy Monday in the Eastern District...
Done deal: Forever 21 sold to Simon, Brookfield venture for $81M
A bankruptcy court judge on Thursday officially gave the green light on the sale of Forever 21 to a...
Douglas Elliman, Bluemercury among new tenants at CocoWalk
Douglas Elliman relocated its Coconut Grove office to the under-construction CocoWalk, where newly announced tenants include Bluemercury and Narbona...
A three-story mini-golf is coming to Brickell City Centre
A London mini-golf company signed its first lease in Miami and its largest to date, at Brickell City Centre,...
Forget the Forever 21 auction: Simon Property Group, Brookfield to buy retailer
In the end, Forever 21 had no choice. The retailer agreed to an offer of $81 million from a...
Macy’s to close 125 stores, slash 2K jobs
Beleaguered retail giant Macy’s is planning to close over 100 of its stores, cut 2,000 jobs and test out a new strategy for future locations. The Cincinnati-based company intends to shutter 125 of its...
Forever 21 takeover group plans to keep struggling retailer open
The Simon Property Group-led partnership now poised to take over Forever 21 intends to keep the ailing retail chain...
Forever 21 will sell to Simon, Brookfield-led partnership at bargain-basement price
Two top mall owners and a brand management company are teaming up to buy troubled retailer Forever 21 at...
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