Investment firm Sagehall hires Macy’s real estate alum
Darling joins New York company after four-year stint at the retailer
A veteran of retailer Macy's real estate team has joined private-equity firm Sagehall.
Kohl’s plans 27 store closings, adding to national list in new year
Chain joins Macy’s in announcing cuts to retail brick-and-mortar footprint
Beleaguered retailer Kohl's has joined Macy's in identifying underperforming stores it plans to close early this year. The two chains plan to shut down nearly 100 stores in total.
Hudson waterfront apartment complex trades for $158.5 million
IPA Capital Markets secures financing for New Jersey deal
A Hudson waterfront apartment complex that Veris Residential backed out of buying has been acquired for $158.5 million by other suitors.
Macy’s identifies first 66 stores it’s closing this year
Long-awaited official list includes downtown Philadelphia flagship
Department store giant Macy's has released its long-awaited list of stores it's closing early this year — 66 locations including a flagship in downtown Philadelphia — as part of it...
Party City’s real estate offloading plans include New Jersey headquarters lease
Attempts to reassign office space expand retailer's wind-down efforts
Along with plans to auction off leases for hundreds of its retail outposts, Party City's efforts to wind down operations and shed all remaining assets will also include the deal fo...
Jeans seller True Religion is acquired by new owners with growth plans
ACON and firm with ties to American Eagle Outfitters purchase chain
Jeans-and-denim seller True Religion, a chain of 51 stores that's been through two bankruptcies, has new ownership.
Home decor brand Jonathan Adler’s new owner plans to expand its footprint
Consortium Brand Partners racks up third acquisition
Investment firm Consortium Brand Partners has acquired Jonathan Adler, a home decor brand boasting 10 stores, with plans to increase the company's brick-and-mortar presence.
Albertsons steps up streamlining of stores, including closings
Grocer gets back to basics after Kroger merger is scuttled
Grocery giant Albertsons Cos., with its $24.6 billion merger with Kroger derailed, said it can return to streamlining its sizable store fleet in a process that will include closing...
Streetwear label Bathing Ape opens Japanese temple-inspired shop in New Jersey
Brand debuts new retail concept at American Dream megamall
Japanese streetwear brand A Bathing Ape has debuted its first flagship store in New Jersey, and it features the company's new global retail design.
KPMG to relocate New Jersey office to Morristown
Accounting firm seeks ‘connectivity’ with new Manhattan headquarters
A landmark mixed-use complex in downtown Morristown, New Jersey, has landed a blue-chip office tenant after losing a big one.
Brixmor acquires four grocery-anchored shopping centers for $211.8 million
Retail landlord is clustering properties in high-growth markets
Retail landlord Brixmor Property Group capped last year by adding four grocery-anchored shopping centers to its portfolio for $211.8 million, expanding its footprint of clustered p...
Armada Hoffler sells two South Carolina retail properties for $82 million
Illinois-based InvenTrust acquires Charleston-area sites
Armada Hoffler Properties has sold two shopping centers in the Charleston, South Carolina, area for $82 million as demand for retail properties in the Southeast increases.
Nearly 700 Party City store leases slated for auction
See a map of the national chain's wind-down as part of its second Chapter 11 filing
The new year is kicking off with the auction of nearly 700 Party City store leases, a spillover of 2024's series of retail bankruptcies and liquidations.
Global biopharmaceutical firm slashes New Jersey headquarters space
PTC Therapeutics to downsize corporate office by half
Global biopharmaceutical firm PTC Therapeutics is slashing in half its headquarters space in New Jersey, joining other companies that have downsized their office footprints.
Amazon takes another run at disrupting the US grocery market
E-commerce giant steps up rollout of fledgling Fresh supermarket chain — among other moves
Customers started forming a line at 3:30 a.m. for the grand opening of a long-awaited Amazon Fresh supermarket in Woodland Park, New Jersey. By the time the store debuted about fiv...
Variety Wholesalers strikes deal to buy, keep 200 to 400 Big Lots stores open
Deal via Gordon Brothers saves chain from extinction after Chapter 11
Big Lots has struck a last-minute deal that will save the retailer from liquidation.
CBL Properties acquires partner TIAA’s 50% interest in three malls
REIT takes over full ownership of Nashville, Kansas City and St. Louis properties
Mall landlord CBL Properties has acquired Teachers Insurance and Annuity Association of America's 50% joint-venture interests in three retail properties in Nashville, Kansas City a...
Department store chain Nordstrom strikes $6.25 billion deal to go private
Family behind beleaguered Seattle company follows through on bid with Mexican retailer
After a failed attempt, Nordstrom's founding family has struck a $6.25 billion deal to take the troubled department store chain private, partnering with a Mexican retailer to acqui...
Party City files for Chapter 11 with plans to wind down, close its 700-store fleet
With second bankruptcy, retailer to kick off going-out-of-business sales
Party City has filed for bankruptcy protection for the second time in less than two years, but this go-around the retailer plans to liquidate and close its roughly 700 locations.
Party City is said to be shutting down
New Jersey chain would become latest retailer to close all its stores
Party City looks to be the second chain within two days to say it's closing all its stores, with the retailer and Big Lots soon to create roughly 1,700 retail vacancies.