Startup wants to bring “micro-warehouses” to vacant retail
A startup that focuses on creating last-mile fulfillment centers aims to compete with logistics giants. Fabric, which was founded...
Retail Real Estate
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“Fortnite” game developer will convert mall into massive HQ
Epic Games, best known for developing the hit game “Fortnite,” is buying a mall in North Carolina with plans...
Simon completes acquisition of high-end mall owner Taubman
After a tumultuous process, Simon Property Group has completed its acquisition of Taubman Realty Group. Under the merger agreement,...
Starbucks betting big on drive-throughs in coming years
Even though, like other retailers, Starbucks suffered big losses due to the pandemic, the chain is still betting on...
Simon execs celebrate pandemic’s end by ending pay cuts
The first Covid-19 vaccines are being distributed across the United States, and Simon Property Group is celebrating by reinstating...
AMC needs $750M to avoid bankruptcy
Movie theater chain AMC Entertainment Holdings needs a cash infusion of at least $750 million, otherwise it might have to file for bankruptcy. AMC said in a filing on Friday that without additional financing,...
These 10 retailers plan the largest expansions
To say 2020 has been a tough year for retailers would be an understatement. In June, it was projected...
Seven big mall owners in precarious state: S&P
With more pandemic shutdowns taking place, malls remain in a precarious position that may only get worse, according to...
J.C. Penney has been saved. Now what?
J.C. Penney has been rescued from bankruptcy, but challenges remain for the beleaguered retailer. The department store chain completed the sale of its retail operations to Simon Property Group and Brookfield Asset Management on...
Weekend Edition
Some retailers are now bargain-hunting for new space
The pandemic has decimated much of the retail industry, but some businesses that have weathered the storm are now...
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