Retail


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Barney's at 660 Madison Avenue with Ashkenazy Acquisition Corporation's Daniel Levy (Credit: Getty Images, LinkedIn)

Barneys’ flagship Madison Avenue spot will stay open — but with a smaller footprint

Barneys New York’s iconic location on Madison Avenue will stay open for at least the next 12 months —...

Magnum Real Estate Group's Ben Shaoul (Credit: Getty Images and iStock)

Ben Shaoul uses Bitcoin to sell retail condo for $15M

Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin. The landlord, whose firm...

(Credit: iStock)

It’s over for Barneys: Luxury retailer to be sold, stores closed

It’s official: Barneys will be sold to Authentic Brands Group and B. Riley for about $270 million. The deal,...

Barneys creditors want to review a revised offer that would keep stores open. (Credit: Getty Images)

Barneys creditors push plan to salvage the company

Barneys’ creditors are still holding out hope that an underdog bidder will keep the iconic luxury retailer’s doors open....

Vornado chairman Steven Roth (Credit: Getty Images)

Vornado slashes Forever 21’s rent, dimming 2020 outlook

Another quarter, another Vornado retail tenant bankruptcy. After facing the abrupt closure of two Topshop stores in New York...

47 Greene Street and President & CEO of Acadia Realty Trust Kenneth F. Bernstein (Credit: Google Maps)

Acadia plows ahead with $122M retail investment in Soho

UPDATE, Monday, Oct. 28, 2019, 2:45 p.m.: Soho has been one of Manhattan’s more troubled retail corridors in recent...

A Victoria's Secret store in New York (Credit: Getty Images)

Victoria’s Secret sues WTC landlord amid store closures and layoffs

Embattled lingerie chain Victoria’s Secret is baring its knuckles for a fight with its landlord. As the company copes...

Former WeWork CEO Adam Neumann (Credit: Getty Images, iStock)

WeWork founder scrambled for $100M loan before $1.7B bailout

As WeWork hustled to secure a rescue package, its former CEO was under intense pressure to shore up his...

Retail stocks take a hit after Forever 21 files for bankruptcy (Credit: iStock, Phillip Pessar via Flickr)

Retail ruh-roh: Mall REITs take hit following Forever 21 bankruptcy

Fast-fashion retailer Forever 21’s bankruptcy filing earlier this week did not help the stock prices of the top mall...

Forever 21 owes these five mall owners $20.9 million, bankruptcy court records show.

For mall owners like Simon, Brookfield and Vornado, Forever 21 bankruptcy signals more trouble ahead

When South Korean immigrants Jin Sook and Do Won Chang landed at Los Angeles International Airport in 1981, they had nothing. The couple eventually...

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