store closure
Facebook Survey Shows 31% of Small Businesses Stopped Operating
May 18, 2020
A survey of 86,000 small business owners and employees showed that one-third have stopped operating as a result of the pandemic.
Penney has been lagging stronger rivals Macys and Kohls for a while but after former shareholder Bill Ackman installed Apple retail chief Ron Johnson at the helm in late 2011 attempting to modernize JC Penneys strategy all hell broke loose leading to confused customers and falling sales Since Johnsons ouster however the chains management has been hard at work trying to save it The company reported a 2 percent increase in samestore sales for the fourth quarter of fiscal 2013 and a
J.C. Penney Post-Bankruptcy Plan Includes Closing 29% of Stores
May 18, 2020
The department store chain plans to close roughly 242 stores across the country.
debt-climbing out
Eastern Union Plans to Play Matchmaker for Distressed Loan Deals
May 18, 2020
NREI spoke with Abe Bergman, co-founder and managing partner of Eastern Union, to learn more about the initiative and the distress the firm expects to emerge among CRE lenders.
COVID-19's Effect on Higher Education Real Estate
May 18, 2020
Universities provide a unique set of challenges with their real estate needs, especially today in assessing whether or not they will be able to re-open for the fall semester.
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