Tag: Simon Property Group Inc

Lord & Taylor is closing two dozen stores. Here’s a map of where they are

Department store chain Lord & Taylor is closing two dozen stores for good as it continues to search for a buyer to restructure under...

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...

Mall owner Simon, Authentic Brands to acquire denim retailer Lucky out of bankruptcy for $140.1 million

A pedestrian walks by a Lucky Brand retail store on July 06, 2020 in Corte Madera, California. Los Angeles based Lucky Brand Dungarees announced...

Stein Mart files for bankruptcy and plans to close most, if not all, of its stores

A Stein Mart store in King of Prussia, PA.Google EarthThe off-price chain Stein Mart announced Wednesday it has filed for Chapter 11 bankruptcy protection...

Grocery stores might be the next big thing to move into malls

Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania.Jennah Moon | Bloomberg | Getty ImagesAs consumer shopping habits change, America's...

The biggest US mall owner Simon says still looking to salvage other distressed retailers

Simon Property Group CEO David SimonAnjali Sundaram | CNBCSimon Property Group Chief Executive David Simon said Monday that the company is still looking to salvage...

Stocks making the biggest moves midday: Kodak, MercadoLibre, Simon Property, Foot Locker & more

Workers do final preparations on a Kodak stand on the eve of CES in Las Vegas, Nevada on January 8, 2018.David McNew | AFP...

Amazon reportedly discussing using former J.C. Penney and Sears stores as fulfillment centers

A worker assembles a box for delivery at the Amazon fulfillment center in Baltimore, Maryland, U.S., April 30, 2019.Clodagh Kilcoyne | ReutersAmazon is in...

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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