Tag: US retail market
IKEA’s shopping malls arm buys retail property in San Francisco
Swedish home furnishings retailer IKEA’s shopping malls arm, Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has...
July increase in retail sales continues recovery from coronavirus pandemic
Retail sales continued to recover from the impact of the coronavirus pandemic in July, growing more slowly than the month before but adding to...
7‑Eleven to acquire convenience store chain for $21bn
7‑Eleven, Inc. (7‑Eleven), the largest chain in North America convenience-retailing industry, has entered into an agreement to acquire Speedway, a convenience store chain, from Marathon...
California Pizza Kitchen files for voluntary Chapter 11 restructuring
Will Continue to Operate in the Ordinary Course throughout Restructuring ProcessComprehensive Financial Restructuring and Committed Financing will Position CPK for Long-Term Success
California Pizza Kitchen...
CBRE: New York City retail sector adapt to new reality
New York City’s retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the COVID-19 pandemic, according to CBRE’s...
June retail sales increase but recovery remains uncertain amid coronavirus resurgence,...
Retail sales rose in June, seeing both a monthly increase and their first year-over-year gain since the beginning of the year as more retailers...
ICSC applauds congressional letter to Treasury and Federal Reserve requesting assistance...
As the COVID-19 crisis continues to threaten the viability of the shopping center industry due to the closure of stores and restaurants, ICSC applauds...
Lowe forms retail property redevelopment platform
Los Angeles-based Lowe, formerly known as Lowe Enterprises, the national real estate company, has formed a new platform, ''Retail reVision,'' to the assessment and...
AllSaints announces CVAs proposal for UK and US store portfolio
Global contemporary fashion retailer AllSaints, headquartered in East London, has launched a CVAs (Company Voluntary Arrangements) proposal for its store portfolio in the UK...
May retail sales improve dramatically over April but still below last...
Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending...
Simon Property, Brookfield in talks to acquire JC Penney
Simon Property Group and Brookfield Property Partners, the biggest mall owners in the United States, and Authentic Brands Group LLC are in talks to acquire bankrupt department-store...
Food Lion to acquire 62 stores across Carolinas and Georgia
Food Lion, based in Salisbury, N.C and a company of Ahold Delhaize USA, the U.S. division of Zaandam-based Ahold Delhaize, has agreed to purchase 62...
