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The mall was already beset by 18 years of starts and stops (Getty)
Tri-State

Can the American Dream mall survive the pandemic?

New Jersey’s American Dream mall was projected to have 40 million visitors when it opened in 2019 — and...

Can the American Dream mall survive the pandemic?
Spending outpaced foot traffic because shoppers purchased at the stores they did visit (Getty)
National

Retail foot traffic tanks on Black Friday

Foot traffic in stores on Black Friday was about a half of what it was last year. But the decline in spending at physical stores was not as bad, according to the Wall Street...

Retail foot traffic tanks on Black Friday
The tax break allows foreign visitors to reclaim a sales tax of 20 percent on items bought in the country for more than £30 (Getty; Unsplash)
National Weekend Edition

UK tax break expiration could hurt struggling retailers

A popular tax break is expiring in the United Kingdom in January, threatening the country’s status as a shopping...

UK tax break expiration could hurt struggling retailers
Istanye Park in Istanbul (Photo via Wikipedia Commons)
National Weekend Edition

Turkish mall valued at $1B in deal with Qatar

Turkish investment giant Dogus Holdings AS has agreed to sell a 30 percent stake in a high-end Istanbul shopping...

Turkish mall valued at $1B in deal with Qatar
258 8th Avenue (Google, Target)

Target planning yet another NYC store in Chelsea

Target is opening yet another location in New York City. The big-box retailer has signed a lease at 258...

Target planning yet another NYC store in Chelsea
An analysis of data from CoStar found that retailers nationwide had missed two to four months’ rent (iStock)
National

Retailers now owe $52B in back rent

Brick-and-mortar stores were struggling before the pandemic. But now, the retail sector owes $52 billion in back rent. An analysis of data from CoStar found that retailers nationwide had missed two to four months’...

Retailers now owe $52B in back rent
Macy’s CEO Jeff Gennette (Getty; iStock)
National

Macy’s experiments with “dark stores”

As Macy’s grapples with a net loss of $91 million in the third quarter, the brand is reimagining what the future of its business may look like. One possible answer: fulfillment centers. As two...

Macy’s experiments with “dark stores”

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