Major Wall Street Firm Expects 25% of U.S. Malls to Close by 2022

Retail Major Wall Street Firm Expects 25% of U.S. Malls to Close by 2022 The current rash of bankruptcies and stores closings as well as the rise of e-commerce and discount chains means that as many as 25% of U.S. malls will close by 2022, Credit Suisse predicted in a new

The Honest Company's Jessica Alba Meets Customers At Nordstrom Ala Moana

Retail One of America’s Biggest Mall Developers Might Sell Itself The CEO of the No. 2 U.S. mall developer General Growth Properties ggp has had it with the narrative that shopping centers are dying. Sandeep Mathrani, CEO of the owner of such malls as Fashion Show

Turkish Lira Plunges Most Worldwide To Record Low Per Dollar

International Crumbling Lira Pressures Turkish Retailers as Economy Slows Turkish businessman Tekin Acar had contracts to open branches of his leading cosmetics chain in ten new shopping malls this year. A few days ago he canceled nine of them after sharp falls in the lira

American Eagle Outfitters Inc. Announces Earnings

Retail Here’s Why American Eagle Outfitters Shares Are Plunging American Eagle Outfitters aeo might not have the Midas Touch among teen retailers after all. Shares plunged as much as 15% on Wednesday after giving a weak holiday-quarter sales forecast that

Retail Top U.S. Mall Developer Says Aéropostale Could Grow Back to 500 Stores How’s this for a vote of confidence? The No. 1 mall developer, Simon Property Group, spg thinks struggling and recently bankrupt teen apparel chain Aéropostale could bounce back in a major way

U.S. Retail Sales Fall 0.1 Percent In February

Retail Mall Investors Are Set to Lose Billions as America’s Retail Gloom Deepens The dramatic shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick and mortar emporiums that

Leadership Police Hunt Gunman Who Killed 5 at Washington Mall Police searched Saturday for a gunman authorities said opened fire in the makeup department of a Macy’s store at a mall north of Seattle, killing four females and one man, before fleeing toward an

Leadership Stabbing Attack at Minnesota Mall Injures 8 People A knife-wielding suspect who was dressed in a private security uniform and made references to Allah while attacking at least eight people during a mass stabbing incident at a Minnesota shopping mall

Universal Protection Service K5 autonomous robot model

Tech 300 Pound Security Robot Reportedly Runs Over Toddler at California Mall This article has been updated to reflect comment from Knightscope. After a 5-foot tall, 300 pound security robot reportedly knocked down and ran over a 16-month-old child at a shopping center in Palo

Retail Here Are the Best July 4 Sales and Deals This piece originally appeared on Money.com. The Fourth of July weekend is always full of fireworks, road trips, barbecues, and the beach. But for some people, the July 4 holiday is also about

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