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Gurnee Mills, Yorktown Center malls buy more time with lenders

The agreement, reached Dec. 31, could give Simon, the country’s biggest shopping mall owner, more time to turn around Gurnee Mills, the area’s third-biggest mall, with about 1.9 million square feet. Bloomberg did not provide terms of the deal. Under a forbearance...

Morass At Malls and A Muddled Agenda

Macy’s out of focus- Attempting to stop the bleeding through massive cost cutting while trying to … [+] reverse years of a sub-par value proposition is now further complicated by mall fall. Getty Macy’s M is attempting to flee their weakest malls with the...