NYC’s Fifth Avenue Sees Steep Rent Decline as Tenants Struggle

Nov 05, 2019

The area on Fifth Avenue between 42nd and 49th streets saw a 25 percent decline in retail rents since 2018.

Flagship Barneys Madison Avenue Store Will Stay Open for Now

Nov 04, 2019

The department store’s flagship New York location will remain open for at least another year.

Forever 21 Plans to Close About 60 Fewer Stores After Rent Cuts

Nov 01, 2019

Rent concessions from landlords will help Forever 21 keep down its planned store closings.

Hudson’s Bay Is on the Path to Go Private. What Would Privatization Mean?

Oct 31, 2019

Once Richard Baker’s investment group takes over Hudson’s Bay, some store closings are almost guaranteed.

In One Empty Store, Retail Apocalypse Comes with Zombies

Oct 30, 2019

A glut of empty retail space is forcing landlords to get more creative than ever.

Walgreens to Close In-Store Clinics, Making Way for New Services

Oct 28, 2019

The move is part of an effort to cut costs and focus on other in-store partnerships.

American Dream Opens Today, and What a Wild Ride It’s Been

Oct 25, 2019

The retail side isn’t ready. Neither is dining. Nothing about the complex has worked according to plan.

NREI's Common Area, Episode 21

Oct 25, 2019

The latest update on Sears, recent research from Hodes Weill and Cornell University showing a rise in target allocations. David also shares news from the Boston area on the life sciences market, and whether it is it signalling a downturn ahead.

Barneys Auction Canceled as #SaveBarneys Bid Falls Short

Oct 25, 2019

Authentic Brands Group is currently the only bidder for the department store.

Sears, Out of Bankruptcy, Continues Shuttering More Stores. Can It Survive?

Oct 24, 2019

Eddie Lampert is “just continuing to pass the carcass of this dead body around,” says one retail insider.