Judge upholds city laws protecting non-paying businesses
A federal judge swept away a legal challenge to a package of bills designed to protect retail tenants during...
Retail Real Estate
The Latest
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...
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...
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...
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...
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...
Danny Meyer’s Union Square Hospitality halts indoor, outdoor dining
As Covid-19 infection rates spike throughout New York City, city and state officials have closed schools and threatened to...
National Insights
These are the biggest malls landlords ready to hand over to CMBS lenders
As shopping centers across the country continue to struggle with a new surge in infections and lockdowns, the expiry...
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’...
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...