In The News

Victoria's Secret to close 250 stores this year - with more to come

Published Wednesday, May 27, 2020

L Brands is shrinking the store portfolio of its struggling Victoria’s Secret division. 

Walmart tops expectations with blockbuster Q1

Published Tuesday, May 26, 2020

Walmart Inc. reported a strong first quarter as consumers beat a path to its online site and stores, which have remained open during the COVID-19 pandemic.

Macy's expects Q1 operating loss of $1.1 billion; 270 stores open by Memorial Day

Published Friday, May 22, 2020

Macy’s on Thursday said it expects first-quarter sales to fall by as much as 45%

Pier 1 to call it quits

Published Thursday, May 21, 2020

Pier 1 Imports has decided to liquidate after being unable to find a buyer.

Survey: Consumer behavior continues shifting during pandemic

Published Tuesday, May 19, 2020

Comparative surveys conducted in March and April demonstrate many COVID-19-related consumer trends have accelerated since the crisis began.

Twitter, big tenant in Midtown South, says employees can permanently work from home

Published Friday, May 15, 2020

It’s unclear what this will mean for the company’s Chelsea headquarters.

Publix joins prescription delivery trend as pandemic continues

Published Thursday, May 14, 2020

Publix is the latest retailer to offer home delivery of prescription medication in the midst of COVID-19.

Bed Bath & Beyond's digital pivot continues; most stores won't reopen before June

Published Wednesday, May 13, 2020

Bed Bath & Beyond continues to expand its fulfilment capabilities and omnichannel offerings to support increased demand across its digital channels and is also making plans to gradually reopen its stores.

Recent News

South Florida investor wants to sell Coral Way retail center for $24M

Company tied to Arnold Wax paid $21M for the block in 2015. A South Florida investor is looking to sell a CVS and Office Depot-anchored shopping center along Coral Way in Miami.

Developers Propose Pompano Casino to Include Industrial Space

Mall owners Simon, Brookfield set to rescue JC Penney from bankruptcy in $800 million deal

The deal would avoid a total liquidation and save about 70,000 jobs and 650 stores, Joshua Sussberg of the law firm Kirkland & Ellis said Wednesday afternoon during a court hearing.