Retail Archives - Page 5 of 14 - Rockland County Business Journal

Simon In Talks With Amazon To Turn Vacant Stores Into Fulfillment Centers

August 18, 2020August 23, 2020rcbizjournal

Simon Property Group, the country’s largest mall owner, is reportedly in talks with Amazon to turn some of the vacant anchor stores in its properties into fulfillment centers for the e-commerce giant

How Many Of These Retailers Will Hold On In Nanuet?

August 15, 2020August 19, 2020rcbizjournal

Nanuet, a shopping mecca, began experiencing a retail crisis at least a year before the coronavirus pandemic. But shutdowns, slow openings and a teetering economy reveal the extent of the weakness and uncertainty going foward.

Town To Vote Thursday On Holding Referendum To Release Palisades Center From Restrictive Covenant

July 28, 2020July 31, 2020rcbizjournal

The Town of Clarkstown on Thursday will vote on a resolution to hold a referendum on Nov. 3rd to determine whether the Palisades Center can be freed of its restrictions to build out unused space on the mall’s fourth floor.

Palisades Center To Lose Justice And Lane Bryant

July 27, 2020July 30, 2020rcbizjournal

The Palisades Center will lose two more stores: Justice and Lane Bryant, both casualties of parent company Ascena’s bankruptcy filing

Palisades Center Avoids Foreclosure, For Now

July 19, 2020July 23, 2020rcbizjournal

The maturity date for the loan has been extended to either October 2021 or whenever Palisades Center pays off the last of the 12 monthly installments, whichever comes first.

Palisades Center Likely To Lose New York & Co.

July 14, 2020July 19, 2020rcbizjournal

New York & Co. parent company RTW Retailwinds has filed for Chapter 11 bankruptcy protection and plans to permanently close most if not all of its stores, which may include the location at the Palisades Center.

Michael’s Tuxedo Shop Ready To Dress Grooms Despite Uncertain Times

July 13, 2020July 17, 2020rcbizjournal

But now – amid a universal health crisis that has turned every norm upside down and people’s lives inside out – the owners of Michael’s Tuxedo’s are preparing for a return to normal while bracing for a world that has nothing but uncertainty.

Growing List Of Closures & Bankruptcies Imperils Malls

June 29, 2020July 3, 2020rcbizjournal

Coresight Research estimates 20,000 to 25,000 stores could permanently close in the U.S. this year, with 55% to 60% of those closures in malls.

Retail Sales Spiked In May But Economy Still On Uncertain Path

June 22, 2020June 25, 2020rcbizjournal

Retail sales spiked 17.7 percent in May, an early sign that the economy may recover from the economic crisis brought on by the coronavirus pandemic.

Simon Property Sues Gap Over Rent Stoppage During Pandemic

June 7, 2020June 9, 2020rcbizjournal

Indianapolis-based Simon Property Group has sued The Gap Inc. and associated entities for breach of contract and willfully withholding rent during the coronavirus pandemic.

Category: Retail