Retailers urge federal pandemic insurance program similar to 9/11 terrorism coverage

Retailers urge federal pandemic insurance program similar to 9/11 terrorism coverage

The National Retail Federation today called on Congress to pass legislation establishing a federal program that would help businesses obtain insurance coverage for pandemics...
redos buys six retail properties from EDEKA for €110m

redos buys six retail properties from EDEKA for €110m

Hamburg-based retail real estate investment firm redos Group has acquired six retail properties from EDEKA Handelsgesellschaft Rhein-Ruhr mbH, which is part of EDEKA Group,...
Amazon to hire 75,000 more workers amid coronavirus pandemic

Amazon to hire 75,000 more workers amid coronavirus pandemic

On March 16, Amazon had announced it would hire an additional 100,000 people in full and part-time jobs across its operations network 'to keep...
New Study: Majority of Americans believe stores should reopen by end of May, 2020

New Study: Majority of Americans believe stores should reopen by end of May, 2020

-First Insight Survey Finds Growing Optimism Among People Living in Coronavirus Hotspots, Men and Millennials -Number of People Worried About Coronavirus Increases 23 Percent to...
EG sells retail centre in Goald Coast, Australia

EG sells retail centre on Goald Coast, Australia

EG, a real estate fund manager in Australia, has sold Circle on Cavill retail centre in Surfers Paradise on Goald Coast to Macau businessman...
ICSC Calls on State and Municipal Leader’s to Support America’s Shopping Center Industry

ICSC calls on state and municipal leaders to support America’s shopping center industry

As the COVID-19 crisis continues to threaten the viability of the shopping center industry as stores and restaurants close to help contain the spread...
intu seeks ti access £330 billion government support package

intu seeks to access £330bn government support package

In light of the rapidly evolving COVID-19 situation, intu has made a statement on coronavirus impact. According to a statement by company, in line with...
Covid-19 : Economic downturn to restructure Europe’s retail property sector

Covid-19 : Economic downturn to restructure Europe’s retail property sector

Due to the COVID-19 (coronavirus) outbreak, a rapidly emerging decline in the broader economic sentiment and performance is a potential stronger trigger for the...
Casino Group to sell Leader Price stores and warehouses in France for €735m

Casino Group to sell Leader Price stores and warehouses in France for €735m

French retailer Casino Group has signed an agreement with Aldi France for the sale of Leader Price stores and warehouses in mainland France, for €...
Taubman Centers to temporarily close shopping centers in response to COVID-19

Taubman Centers to temporarily close shopping centers in response to COVID-19

Taubman Centers, Inc. (NYSE: TCO) announced the temporary closures of all but two of the company’s U.S. shopping centers in response to COVID-19. The...
ICSC calls on Canadian leadership to support Canada’s shopping centre industry

ICSC calls on Canadian leadership to support Canada’s shopping centre industry

The COVID-19 crisis is threatening the viability of the shopping centre industry as stores and restaurants close to help contain the spread of the...
Coronavirus : Nordstrom closes stores in U.S ans Canada

Coronavirus : Nordstrom closes stores in U.S and Canada

Nordstrom, Inc. announced that it would temporarily close its stores, including Nordstrom full-line, Nordstrom Rack, Trunk Club clubhouses and Jeffrey in the U.S. and Canada for two weeks, effective March 17, to limit the...

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