Retail rout continues as Simon furloughs a third of employees
Simon Property Group, the nation’s largest mall owner, is furloughing 30 percent of its workforce, the latest in a...
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ICSC requests federal help amid massive shutdowns
The International Council of Shopping Centers is requesting aid from the Trump administration amid a host of restaurants, retailers...
Simon is buying Taubman Centers
Simon Property Group, the country’s largest mall owner, is buying Taubman Centers, the smaller rival that it’s had its eye on for nearly two decades. The two companies announced Monday they had reached an...
Forever 21 takeover group plans to keep struggling retailer open
The Simon Property Group-led partnership now poised to take over Forever 21 intends to keep the ailing retail chain...
Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21
The news that Simon Property Group could buy bankrupt retailer Forever 21 has cost the mall landlord nearly $2...
Forever 21’s biggest landlord could become its new owner
Last summer, struggling fast-fashion retailer Forever 21 reportedly reached out to its landlords to ask for investment in the...
REITs are embracing risk
Publicly-traded real estate firms have in recent years taken on cheaper, riskier debt in an effort to offset borrowing costs. The debt, known as commercial paper, has become increasingly popular for firms looking to...
Forever 21 is in trouble. So some executives asked its landlords to pitch in, report says
Forever 21 is another major retailer attempting to fend off the woes of the retail industry. But its executives...
Simon Property launches online platform to drive sales at outlet stores
Simon Property Group is launching an online shopping platform designed to drive sales to its nationwide network of outlet...
National Cheat Sheet: Amazon dumps NYC, Google plans $13B real estate investment, Sears survives… & more
Amid opposition, Amazon says ‘adios’ to LIC site for HQ2 So long, Big Apple. Amazon has scrapped its plans to build a new campus...
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