The Future of Shopping Centers, a study released by A.T. Kearney, asserts that malls are far from dead and have the potential of transforming to better satisfy consumers.
According to research by Fung Global Research & Technology, notions of a “retail apocalypse” in the U.S. have been driven by apparel specialty and apparel-focused department store closures and ignore strength in other brick-and-mortar based channels.
CBL & Associates Properties has closed on a sale/leaseback transaction for five Sears stores and two Sears Auto Centers located at CBL malls, which will give the mall operator control of the locations involved for future redevelopment.
The World Trade Center retail mall, destroyed in the 9/11 terrorist attacks, will enjoy a rebirth on August 16 as Westfield celebrates the grand opening of its new World Trade Center mall.
Simon, a mall and retail real estate operator, has announced plans to enhance several key properties. In doing so, the…
Consumers anticipate spending the majority of their holiday budget in brick-and-mortar stores this holiday season, according to a Deloitte survey.…