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Macy"s and JCPenney are kicking off 2019 with a string of store closings (M, JCP)
AP Photo/Bebeto Matthews JCPenney and Macy's kicked off the year with store closings. The two department-store chains are looking to trim down on expensive real estate to cut costs and boost growth. E.....»»
Demand for rural real estate seen as boon for Rayonier"s Wildlight community in Nassau County
Company CFO said real estate closings were 'light' in the quarter, which was expected......»»
COVID-19 has been tough on State Street. Will Primark’s opening be a sign of better things to come?
A lot has changed in the Loop since Primark signed a lease in 2019 to replace the former Gap store on State Street. Real estate experts say success at the low-cost apparel chain could help attract other stores to Chicago's downtow.....»»
Houston real estate industry will cope with loss of department store chain, expert says
Houston landlords should have little problem finding tenants to fill the space left behind by Stage Stores. That won't be the case everywhere......»»
Coronavirus could trigger a second coming of the retail apocalypse, with a new wave of bankruptcies and store closings expected to sweep the nation
Irene Jiang / Business Insider The coronavirus pandemic is forcing thousands of retail stores to close .....»»
Avoid department store stocks: strategist
Kohl's and J.C. Penney shares got slammed Thursday. National Securities' Art Hogan says department stores are still stuck with too much real estate. He also shares his outlook on the upcoming jobs report and earnings season......»»
These 5 chains are expanding in the city while others shrink
Just five national chain-store brands expanded by more than 10 stores in the five boroughs in 2019, a year in which the number of such stores dropped by nearly 4%. That year-over-year decline is... To view the full story, click the title link......»»
Retail apocalypse: Nearly 9,100 store closings have been announced in 2019
So far in 2019, nearly 9,100 stores are slated to close and more closings are expected in 2020. Is your fa.....»»
More store closings coming: The list of retailers closing locations in 2019
More than 10 months into 2019, more than 8,600 stores are slated to close and more closings are expected. .....»»
Kmart, Sears store closings 2020: These stores are closing in January
More than 100 Kmart and Sears stores will close by the end of 2019 and more closures are expected to continue into early 2020......»»
CVS, Payless and Victoria's Secret are just some of the brands closing stores in 2019
While 2019 is on track to be a record year for store closings, it's not expected to bring the same amount of empty retail space as l.....»»
Payless, CVS and Victoria's Secret are just some of the brands closing stores in 2019
While 2019 is on track to be a record year for store closings, it's not expected to bring the same amount of empty retail space as l.....»»
Payless, Gymboree and Victoria's Secret are just some of the brands closing stores in 2019
While 2019 is on track to be a record year for store closings, it's not expected to bring the same amount of empty retail space as l.....»»
Click to Buy: Some Sears Stores Are Being Auctioned Online
Troubled department-store chain Sears Holdings Corp. is looking to cash in on real estate, and some of its stores could be sold online......»»
Nordstrom to open a specialized, high-tech men"s store this week
These days, it's no surprise when big-name retailers close up shop. E-commerce trends have exposed the folly of elaborate floor plans and the massive real estate of clothing stores. However, there are exceptions. This week high-end retailer Nordstrom wi.....»»
Lord & Taylor is closing its famous Fifth Avenue store
Lord & Taylor, one of the oldest department stores in the US, is closing its Fifth Avenue flagship and headquarters in New York City. The co-working real estate company WeWork has purchased the space for $850 million......»»
More Toys R Us Stores Headed to Auction Block
Toys R Us creditors have scheduled a new auction round for some of the retailer’s remaining stores, with 123 set to go on the block next month. Real estate brokerage A&G Partners will conduct an .....»»
A Moving Target: Smaller Stores, New Fulfillment Options Power Strong Performance
Target Corp. is adding more stores with drive-up and delivery capabilities. Target Corp. is rapidly adapting its real estate to keep up with growing consumer demand for in-store pickups and urban locati.....»»
Sears Swings the Axe Again: Find Out If Your Local Store Is About to Close
46 additional stores will close by November. As it continues to struggle for profitability, Sears Holdings has announced yet another round of store closings, with 46 more put on the.....»»
Here"s a map of all 80 stores that Sears and Kmart are shuttering in March
Sears is expected to close another round of stores early next year, as the bankrupt department store chain now tries to stay afloat via a $4.4 billion bid from its chairman, Eddie Lampert......»»