Retail

The company has reached an agreement with a majority of its senior creditors on a restructuring plan.

The closures are part of “portfolio rationalization” and will involve mostly low-volume sales locations.

Simon’s and Brookfield’s investments in bankrupt tenants are relatively small. But the deals can give them critical control of the real estate involved.

It’s been difficult for small businesses just to survive through a pandemic that shut them down for months. In states where virus cases are spiking, the frustration is multiplied exponentially.

Washington Prime Group is among the landlords who are filling anchor vacancies with fulfillment operations.

As part of its bankruptcy reorganization, Ascena Retail Group plans to close more than a half of its stores.

Retail rents along lower Fifth Avenue dropped by 30 percent year-over-year in the second quarter, according to Cushman & Wakefield.

Before the pandemic, restaurants within stores was the hot new trends. What will happen to it going forward?

As more drive-in movie theaters pop up in parking lots of malls and big-box retailers, we look at how these partnerships work.