5 challenges facing the Fashion Outlets of Niagara Falls USA
A lot has changed on the retail scene since California-based Macerich Co. bought the Fashion Outlets of Niagara Falls USA for $200 million in 2010.
Source: buffalonews.com
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Sunday Summary: The Big Shuffle Continues – Commercial Observer
The great personnel shuffle in CRE continued, Nir Meir got indicted for fraud, Adam Neumann is making a play for WeWork and more.
Source: commercialobserver.com
Shuffle Board: Zac Posen Named Creative Director of Gap, VF Corp CFO Exits
Zan Posen joins Gap Inc. as creative director of Gap and chief creative officer of Old Navy while Matthew Puckett has stepped down as CFO of VF Corp.
Source: yahoo.com
This U.S. Mall Owner Had a Good 2023 – Commercial Observer
"We continue to see a little pullback from the retailers."
Source: commercialobserver.com
Macerich Co (MAC) Reports Strong Year-Over-Year Growth Amidst Leadership Transition
Record Leasing Activity and Strategic Debt Management Highlight 2023 Performance
Thomas Ohern Jackson Hsieh Macerich Co Net Income Real Estate Sustainability Benchmark Chief Executive Officer
Source: yahoo.com
Strong Mid-Cap Insider Buys: Q3 2022
We bring you the latest update in our recurring series on companies that enjoy major corporate insider interest over the most recent quarter. Click here to read more.
Source: seekingalpha.com
Mall Owners Say Retailers Are Still Opening Stores in Spite of Recession Fears
Retailers in the U.S. have announced 4,432 store openings so far this year, compared with 1,954 store closings, according to data from Coresight Research.
Source: nbcphiladelphia.com
L.L. Bean to close Tysons Corner store in Northern Virginia
Retail industry news, voices and jobs. Optimized for your mobile phone.
Tysons Corner United States Thomas Ohern Macerich Tysons Corner Center Tysons Corner Center Dive Brief
Source: retaildive.com
Macerich Taps Investment Bank PJT Partners to Help Wrangle with Debt
Mall Owner Macerich Taps PJT Partners to Help Wrangle Debt The investment bank will advise the REIT on options for a $1.5 billion revolving credit facility that comes due in July. Bloomberg | Feb 24, 2021 (Bloomberg)—Mall owner Macerich Co. tapped PJT Partners Inc. for help managing its debt load as pandemic-related closures and retailer bankruptcies crimp its cash flows, according to people with knowledge of the matter. PJT, an investment bank with specialties including debt restructu...
Source: wealthmanagement.com
Macerich Taps PJT Partners for Assistance
As Macerich battles its liquidity issues, the mall owner has tapped PJT Partners for additional assistance managing its debt load.
Source: therealdeal.com