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Are malls and department stores really springing back to life?

May 24, 2021
Retailers realize the pandemic has also shifted a lot of shopping online.
Retailers like Macy's and T.J. Maxx reported significantly higher sales this first quarter relative to 2020.
Joe Raedle/Getty Images

What happens when a store starts to die?

May 13, 2021
From Victoria's Secret to J.C. Penney, struggling retailers have taken a couple of different paths to try to remain in business.
Valerie Macon/AFP/Getty Images

Simon Property Group bets on retail comeback with store leases

May 11, 2021
The commercial landlord agreed to lower mall retailers' base rents for a bigger cut of their sales.
Rather than evict or sue some of its tenants that missed rent payments, mall owner Simon Property renegotiated "break points."
Spencer Platt/Getty Images

Running a mall is "still a struggle" nearly a year into the pandemic

Feb 26, 2021
When a customer refuses to wear a mask inside the Butte Plaza Mall, manager Alana Ferko gets called in to help.
Gil Cohen-Magen/Getty Images

What happens after a mall defaults on its loans?

Oct 27, 2020
The dominoes just keep falling: Banks, utilities, internal employees, maintenance crews — they could all lose out.
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What’s next for struggling shopping malls?

Oct 19, 2020
Mall real estate is facing a crisis with department store sales down and bankruptcies up.
A nearly empty mall in Bloomington, Minnesota, in June.
Kerem Yucel/AFP via Getty Images
A closed J.C. Penney store at a mall in San Bruno, California. The retailer is an anchor store in a lot of malls.
Justin Sullivan/Getty Images

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A shopping mall embraces a different normal

Sep 3, 2020
After closing for a month, the Butte Plaza Mall sees an increase in foot traffic and acceptance of new rules.
Shoppers at a mall in Costa Mesa, California. Many retail locations are reopening with reduced capacity and new safety rules.
Mario Tama/Getty Images

Lord & Taylor's final sale: Who will buy all that real estate?

Aug 28, 2020
The venerable department store is closing all 38 of its brick-and-mortar locations after filing for Chapter 11 bankruptcy.
Pedestrians walk past a shuttered Lord & Taylor department store in Garden City, New York. on May 12.
Bruce Bennett/Getty Images

Amazon in talks with Simon Property Group on taking over mall space

Aug 10, 2020
But for those other mall tenants, sharing space with Amazon might feel like an insult.
A closed JC Penney department store in North Carolina. Amazon is in talks with Simon Property Group — which owns closed Penney and Sears stores — about using the space as fulfillment centers.
Andrew Caballero-Reynolds/AFP via Getty Images