Retail


The Latest

Town Sports International CEO Patrick Walsh (Credit: JoJosh313; Getty)

Dead weight: New York Sports Clubs owner files for bankruptcy

The owner of New York Sports Clubs can’t run away from the pandemic. Town Sports International — which owns...

Dead weight: New York Sports Clubs owner files for bankruptcy
From left: J.C. Penney CEO Jill Soltau, Authentic Brands Group CEO Jamie Salter, Simon Property Group CEO David Simon, and Brookfield Property Partners CEO Brian Kingston (Getty)

Authentic Brands in talks to join J.C. Penney takeover

Authentic Brands, one of the most active bidders on bankrupt retail, is joining a deal to take over J.C....

Authentic Brands in talks to join J.C. Penney takeover
Maison Kayser USA CEO Jose Alcalay (LinkedIn; Tools of Men via Flickr; Maison Kayser)

Maison Kayser files for bankruptcy with plans for sale

Days after firing its New York staff, the owner of bakery chain Maison Kayser has filed for bankruptcy, with...

Maison Kayser files for bankruptcy with plans for sale
Century  21 will wind down operations at its 13 stores (Getty)

Century 21 Stores files for bankruptcy, blames insurers

UPDATED, Sept. 10, 12:40 p.m.: Century 21 Stores is the latest retailer to file for bankruptcy, and it blames...

Century 21 Stores files for bankruptcy, blames insurers
The staff had been placed on temporary leave in March and April (Photos via iStock; Maison Kayser)

Maison Kayser lays off 708 employees

Employees of Maison Kayser will be forced to put their bread-baking days behind them. The French bakery — founded by Eric Kayser in 1996 — has laid off 708 employees in New York City,...

Maison Kayser lays off 708 employees
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty)

J.C. Penney saved by Simon and Brookfield

J.C. Penney is saved. The retailer will be acquired by mall operators Simon Property Group and Brookfield Property Partners, avoiding liquidation. Simon and Brookfield will pay about $300 million in cash and assume $500...

J.C. Penney saved by Simon and Brookfield
Photo illustration of Gov. Andrew Cuomo (Getty, iStock)

Indoor dining can finally begin in NYC — with some big caveats

After months of uncertainty over the fate of New York City’s restaurants scene, eateries can finally begin seating indoors....

Indoor dining can finally begin in NYC — with some big caveats
ICSC President Tom McGee (ICSC via YouTube, iStock)

ICSC’s “incredibly tragic day” and rough year ahead

UPDATED Sept. 9, 2020, 3:45 pm: Employees of the International Council of Shopping Centers woke up to an alarming...

ICSC’s “incredibly tragic day” and rough year ahead
A report shows major retailers paid 83 percent of August rent (iStock, Andy C via Wikipedia Commons)

Retail rent payments inch back toward normal in August

Retail landlords can celebrate as rent collections are slowly but surely returning to normal levels after months of lackluster...

Retail rent payments inch back toward normal in August
(iStock)

Retail adds nearly 250K jobs in August

The retail sector added nearly a quarter-million jobs in August, notching the highest growth among private industries. General merchandising stores added 116,000 workers, while automobile and appliance sales each added about 20,000 positions. (Related:...

Retail adds nearly 250K jobs in August
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...