Simon Property Group

Forever 21 Finds New Home at JCPenney

A new range of Forever 21 fashions has debuted at 100 JCPenney stores across the U.S. and online. The move marks the…

JCPenney Names Former Levi’s, Walmart Ecommerce Specialist as CEO

In a strong signal that it will emphasize ecommerce to drive its rebound from a pandemic-forced bankruptcy, JCPenney has appointed Marc Rosen…

Authentic Brands, Owner of Forever 21 and JCPenney, Files for IPO

Authentic Brands Group (ABG) — which has made a name for itself by scooping up bankrupt retail brands such as Forever 21,…

Eddie Bauer Acquisition Gives Authentic Brands a Foothold in Growing Outdoor Category

Outdoor brand Eddie Bauer is the latest retailer to be snapped up by brand management firm Authentic Brands Group (ABG) and SPARC…

Simon Asks Bankruptcy Court to Reject Sycamore’s Reorganization Plan for Ascena

Mall operator Simon Property Group and its affiliated landlords have filed an objection to the Chapter 11 reorganization plan for Ascena Retail…

Christopher & Banks Files for Chapter 11; Could Close All 450 Stores

Citing ongoing financial distress from the pandemic, specialty women’s apparel retailer Christopher & Banks has filed for Chapter 11 protection in the…

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 billion. The company plans…

Simon Completes Acquisition of Taubman Centers

Mall operator Simon Property Group has completed its acquisition of an 80% ownership interest in the Taubman Realty Group Limited Partnership (TRG),…

JCPenney CEO Out; New Owners Start Executive Search

JCPenney CEO Jill Soltau has stepped down as the retailer’s new owners, Simon Property Group and Brookfield Asset Management, begin a search…

JCPenney Completes Sale to Simon and Brookfield, Exits Bankruptcy

JCPenney has completed its previously announced sale to mall operators Simon Property Group and Brookfield Asset Management, which have acquired substantially all…