UPDATE: Activist Investor Arkhouse Increases Bid to Buy Macy’s After Launching Board Proxy Fight
[Update from 3/4/2023] Arkhouse Management is not relenting in its effort to take over Macy’s, upping its acquisition…
News March 4
Latest In: brookfield property partners
Brookfield Property Sells Forever 21 Stake as Retail Continues to Drag
Brookfield Property Partners sold its stake in Forever 21 for $63 million during Q1 2021, which contributed to…
News May 7
Brookfield Plans to Go Private in $5.9 Billion Deal
Brookfield Asset Management has proposed to take its mall operator arm private in a deal valued at $5.9…
News January 4
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The Store Manager Bottleneck: Why Execution Is Retail’s Hidden Margin Killer
In today’s retail environment, store managers are no longer “just” operators. They are culture carriers, translators of strategy, problem solvers, and the primary architects of the customer experience. Every corporate…
June 1
JCPenney Eyes $1.75 Billion Purchase By Brookfield And Simon Property
J.C. Penney Company has entered an agreement in principle to sell JCPenney to Brookfield Property Partners and Simon…
News September 10
JCPenney Lenders May Make Acquisition Bid After Other Talks Falter
JCPenney’s top lenders, including H/2 Capital Partners, are preparing to make a credit bid to own the retailer…
News September 1In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property Group
Lucky Brand has negotiated a two-pronged primary asset purchase agreement, also known as a “stalking horse” bid, to…
News July 6Brookfield Properties Introduces Contactless Fitting Experience At Three Malls
Brookfield Properties will roll out FIT:MATCH’s 3D AI-powered contactless match technology at three shopping centers across the U.S.…
News June 30Report: Brookfield Sues Gap Over Unpaid Rent While Seeking Debt Relief Itself
Major malls and the retailers within them have suffered financial devastation for months as COVID-19 shutdowns prevented them…
News June 22JCPenney Identifies 154 Stores Slated For Permanent Shutdown
On June 12, JCPenney will begin permanent closures of 154 stores, “following a comprehensive evaluation of its retail…
News June 8Top Stories
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