General Growth Properties
July 4, 2017
The big story for 2017 is: “Retail is Dead.” So instead of trying to figure out which retailers will survive, the better bet — and safer bet — looks to be real estate, suggests Marshall Hargrove in Investors Alley's The Market Cap.
Real estate investment trusts (REITs), which are publicly owned real estate tenants, are great investments ... »
A Trio of Retail REITs: Mall Survivors
April 18, 2017
Pineville, NC - An escape room concept called Breakout is opening April 20 at Carolina Place Mall.
This will be location No. 42 for Breakout, which combines problem-solving and code-cracking in an hour-long experience in which participants have to “escape” a given scenario, like a kidnapping or a museum heist.
The 3,325 square-foot locati... »
An Escape Room Concept Opens Soon at Carolina Place Mall
December 2, 2016
The Roosevelt Field shopping complex was built 60 years ago, in Garden City, N.Y., on the former Long Island airstrip where Charles Lindbergh took off on his historic transatlantic flight. But when you walk in, it doesn’t take long to realize this isn’t your mother’s mall—or even your own high school mall.
When you enter by the Nordstrom... »
Simon Property Group Fights to Reinvent the Shopping Mall
September 16, 2016
Schaumburg, IL - At Woodfield Mall in Schaumburg, shoppers can take in a comedy show, let kids burn off energy at the playground, get a manicure, peruse fine art and dine at a Pac-Man-themed restaurant where dishes are punctuated by bowling, arcade games and table tennis.
Oh, and there are stores, too.
"We want to give shoppers variety," said... »
Shopping Centers Look to Entertainment, Recreation to Fill Empty Anchors
September 15, 2016
Aeropostale just got a sweeter deal.
The bankrupt teen retailer that was left for dead — and expected at first to shutter all 720 US stores — will now keep 400 of those stores open thanks to an 11th-hour deal with several mall owners.
A bankruptcy court judge on Monday agreed to a plan that would have saved 229 stores — but late Thursda... »
Aeropostale Snags Rent Deal and Saves 171 Stores
September 2, 2016
A consortium led by Simon Property Group Inc. and General Growth Properties Inc. won an auction for the assets of Aeropostale Inc., with a plan to keep open at least 229 of the bankrupt teen retailer’s stores.
The bidding group will also keep the chain’s online business and licensing operation up and running, according to a statement late Th... »
Mall Group Wins Aeropostale Auction With $243.3 Million Bid