Simon, Brookfield and Authentic Brands plan to keep most of the chain’s U.S. stores open post-bankruptcy.
The number of bank branches in New York fell by 6.8 percent in the 12 months through June, according to JLL.
David Bodamer discusses the recent mega-merger between Simon Property Group and the Taubman Co..
The Fort Worth, Texas-based retailer is in talks with multiple potential buyers.
Though smaller than a traditional Macy’s, the new stores could drive more foot traffic to lifestyle centers.