In The News

How retail landlords are finding revenue beyond the rent roll

Published Friday, May 8, 2026

Retail landlords are shifting their strategy from being passive real estate owners to active operators, looking for revenue streams beyond traditional rent rolls. As retail properties are increasingly viewed as "community infrastructure," landlords are monetizing foot traffic, physical space, and data through five key methods

Spirit Airlines' Shutdown Puts $250M Broward HQ In Limbo

Published Wednesday, May 6, 2026

Spirit Airlines has officially ceased all operations as of May 2, 2026, leading to the immediate shutdown of its newly completed global headquarters at Dania Pointe in Broward County, Florida. This final collapse follows years of financial instability, two prior bankruptcy filings, and a failed federal bailout attempt.

Landlords Are Being Sued More Than Ever, Pushing Liability Insurance Up

Published Friday, May 1, 2026

Commercial property owners are facing a sharp spike in liability insurance premiums, driven by a dramatic surge in lawsuits and a trend known as "social inflation." The report highlights that federal tort cases, particularly premises liability claims like slip-and-falls and wrongful deaths, rose 20% between 2022 and 2024. This litigation wave has caused general liability rates to spike by as much as 30% in recent months.

CoStar: Retail rent growth slows to 1.9% in Q1

Published Tuesday, April 28, 2026

U.S. retail asking rent growth has significantly moderated, slowing to +1.9% year-over-year in Q1 2026. This marks the slowest pace of growth in over a decade and continues a downward trend that began in 2024. While the retail sector remains fundamentally healthy with low vacancy rates, the market is shifting from post-pandemic highs toward a "new normal.

Walmart to remodel 650-plus stores in 2026; details new openings

Published Friday, April 24, 2026

Walmart has unveiled an aggressive expansion and modernization plan for its 2026 fiscal year, focusing on enhancing its physical footprint to meet evolving consumer habits. The retail giant plans to remodel more than 650 stores (including Supercenters and Neighborhood Markets) and open approximately 20 new locations across North America through early 2027.

AI Is Rewiring Underwriting, But Can Real Estate Trust It?

Published Wednesday, April 22, 2026

The commercial real estate industry is facing a significant "trust gap" when it comes to delegating high-stakes financial decisions to AI. While AI can process data at lightning speeds, industry leaders remain hesitant to let algorithms lead the underwriting process for multi-million dollar deals.

7-Eleven says it's closing 645 US stores in the next year

Published Friday, April 17, 2026

7-Eleven is set to close 645 stores across North America (the U.S., Canada, and Mexico) during its 2026 fiscal year, which runs through February 2027. This move is part of a massive strategic "optimization" by its Japan-based parent company, Seven & i Holdings, to boost profitability and modernize its retail footprint.

Trust, privacy concerns holding back consumers from AI shopping tool adoption

Published Wednesday, April 15, 2026

The adoption of AI-driven shopping tools is currently hindered by a significant gap in consumer trust and privacy concerns. While interest in AI is high, only 39% of Americans trust AI agents to handle everyday purchases, and even fewer (34%) are comfortable using them for larger items.

The report highlights a "privacy paradox": consumers want the convenience and personalization AI offers, but are deeply skeptical of how their data is used. Key barriers include:

  • Transparency: A lack of clarity on how AI models process personal data.

  • Accuracy: Fears that AI might make incorrect purchasing decisions or provide poor recommendations.

  • Security: Concerns regarding data breaches and the potential for financial fraud.

For retailers to bridge this gap, the study suggests focusing on "Responsible AI"—demonstrating ethical data usage, providing clear opt-out options, and ensuring that the AI provides a tangible benefit that outweighs the perceived privacy risk.

Recent News

Saks Global exits bankruptcy; changes name, slashes debt

Saks Global emerged from Chapter 11 bankruptcy protection on June 26, 2026, after nearly five months of restructuring and rebranded itself as Exemplar Luxury Group to signal a fresh start and renewed commitment to luxury retail excellence. The company achieved a nearly 75% debt reduction through the bankruptcy process while securing $500 million in new exit financing, with sufficient liquidity to drive long-term profitable growth. The restructured company reduced its store footprint from approximately 115 locations to just 49 stores, closing 62 off-price locations including 57 Saks OFF 5th stores and all five Neiman Marcus Last Call outlets. The new entity operates three flagship banners—Saks Fifth Avenue with 15 stores, Neiman Marcus with 33 locations, and Bergdorf Goodman—and is led by CEO Geoffroy van Raemdonck with a reconstituted board including representatives from investment firms Pentwater Capital Management and Bracebridge Capital.

The running list of major retail bankruptcies

Saks Global filed for Chapter 11 bankruptcy protection on January 14, 2026, about a year after completing its merger with Neiman Marcus, with the filing widely anticipated as the luxury conglomerate struggled financially and vendor relationships deteriorated due to past-due invoices. Eddie Bauer LLC filed for Chapter 11 bankruptcy on February 9, 2026, marking the end of the brand's brick-and-mortar presence with 175 locations set to close. Pat McGrath Cosmetics filed for Chapter 11 bankruptcy protection on January 22, 2026, following a lengthy private dispute between McGrath and a lender. Francesca's filed for Chapter 11 bankruptcy protection for the second time in less than a decade on February 5, 2026. Other retailers identified as high-risk for 2026 include Wayfair, ASOS, AMC Theatres, Walgreens, QVC Group, and J. Crew Group, with smaller companies facing disproportionate challenges compared to larger retailers during volatile economic times.

Bed Bath & Beyond to acquire real estate platform for $53M

Bed Bath & Beyond has entered into a definitive agreement to acquire Fathom Holdings Inc., a national technology-driven real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings, in an all-stock transaction valuing Fathom at approximately $53.38 million. The acquisition accelerates Bed Bath & Beyond's vision to create the nation's first end-to-end homeownership platform by uniting Homeownership Transactions, Omnichannel Commerce and Home Services into a single homeowner ecosystem. Fathom's brands include Fathom Realty, the No. 17 U.S. brokerage by sales volume in 2025 with more than $15.7 billion in transaction volume, along with Encompass Lending, Verus Title, intelliAgent and Real Results. The combined platform is expected to provide Fathom with immediate access to millions of Bed Bath & Beyond customers at key moments in the homeownership journey, creating a seamless connection between home buying, financing, and furnishing, with the transaction expected to close in the second half of 2026.