Tag: Brookfield Property Partners LP

Belk’s top lenders, including KKR, looking to avoid taking department store through bankruptcy, WSJ says

Belk department storeJohn Greim | LightRocket | Getty ImagesKKR, Blackstone and other major lenders to Belk are in talks with the North Carolina-based department...

Apparel retailer Francesca’s plans to shut another 97 stores after filing for bankruptcy

Signage for Francesca's Collections, a subsidiary of Francesca's Holdings Corp., is displayed outside of a store in Shrewsbury, New Jersey.Emile Warnsteker | Bloomberg |...

JCPenney CEO says company expects to exit Chapter 11 ahead of holiday season

The JCPenney store in the Queens Center Mall in the borough of Queens in New York.Richard Levine | Corbis | Getty ImagesJ.C. Penney CEO...

Brookfield Properties’ retail arm is laying off 20% of its workforce, as pandemic hits malls

People walk through the Brookfield Place Pavilion at the World Trade Center West Concourse pedestrian transit connection on October 24, 2013 in New York...

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

A J.C. Penney store in Laguna Hills, CaliforniaScott Mlyn | CNBCU.S. mall owners Simon Property Group and Brookfield Property Partners are close to finalizing...

Barneys’ savior Authentic Brands is sitting on about $1 billion in cash and on the hunt to buy more troubled retailers

Jamie Salter, chairman and chief executive of Authentic Brands Group LLC.Norm Betts | Bloomberg | Getty ImagesHe helped save Barney's from liquidation last year...

J.C. Penney lenders seek higher bids for bankrupt retailer, report says

Lenders for J.C. Penney want to bidders to raise their offers as they vie for the bankrupt retailer, according to a Bloomberg report. The bids under consideration...

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