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Mall Owners To Department Stores: 'See Ya, Wouldn't Want To Be Ya'
Thursday, September 15, 2016 - 7:03am | 415Read More...Malls are dying, apparently. So when an anchor tenant like Macy's Inc (NYSE: M) announced plans to close 100 stores it merely sped up the official demise of malls, right? According to Gadfly's Shelly Banjo, this couldn't be further from the truth. In fact, mall owners, such as...
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Malls Booting Department Stores In Favor Of Smaller Retailers
Monday, July 11, 2016 - 9:13am | 492Read More...How the mighty have fallen. According to the Wall Street Journal, the once mighty retailers and mall tenants are no longer the preferred choice of mall owners. According to the Wall Street Journal, mall owners are no longer looking at high-end retailers like Nordstrom, Inc. (NYSE: JWN) to drive...
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Credit Suisse Downgrades Mall Anchors, Says 'Yellow Caution Light Is Flashing Faster'
Thursday, June 4, 2015 - 11:37am | 390Read More...In a report published Thursday, Credit Suisse analyst Michael Exstein downgraded the Mall Anchors sector to Underweight from Market Weight. Exstein noted that excluding J C Penney Company Inc (NYSE: JCP), capital expenditure for the group will grow 23 percent year-over-year to reach 2007 levels...
