As Macerich battles liquidity issues, the mall owner has tapped an investment bank for assistance managing its debt. PJT Partners, whose specialties include debt restructuring, will advise on options for a $1.5 billion revolving...
It’s all smiles for Friendly’s. The casual dining chain has been saved from bankruptcy by Amici Partners Group, which...
The pandemic has exacerbated the retail sector’s pre-existing problems, deteriorating rent collections and forcing landlords to make compromises with their tenants. But there were some encouraging signs as 2020 came to a close. Before...
Private-equity firm Sycamore Partners got the green light to grab several Ascena Retail Group brands — Ann Taylor, Lane...
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...
Simon Property Group and Brookfield Asset Management have finalized the terms of their acquisition of J.C. Penney. The companies...
Deep into a marathon set of high-pressure meetings to save bankrupt retailer Aeropostale from being chopped up and sold for parts, Jamie Salter thought...
