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Tenants
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States
Population*
*Of population percentage who live within 10 miles of a mall
Active Tenants
Most Moves-in: Pink - 87
Most Moves-Out: Hickory Farms - 106
Active Anchors
Opening: Belk, Greenwood Mall, Bowling Green, KY
Opening: Boscov’s, Millcreek Mall, Erie, PA
Closing: JCPenney, Eastridge Mall, Gastonia, NC
Closing: Macy’s, Temple Mall, Temple, TX
Closing: Sears, Valley Mall, Hagerstown, MD
Velocity Index*
High by Category: Womens Apparel - 57.8
Low by Category: Mens Apparel - 72.1
High by Region: Mid-Atlantic - 72.7
Low by Region: West - 68.9
High by State: California- 174
Click to View # Malls by State/Region
See More Mall News Here:
Why is Unibail-Rodamco Buying Westfield?
The decision by the Paris-based real estate investment firm Unibail Rodamco to acquire Australia-based Westfield Corp. for almost $16 billion not only marks a rare, major deal in the mall space—it also bodes well for the class-A mall sector in the U.S., according to some industry analysts.
Sears narrows loss but sales tumble for 24th straight quarter
Sears Holdings Corp. reduced its third quarter loss by $190 million helped by lower operating costs from its reduced store portfolio, but it saw no improvement on the revenue side as same-store sales plunged 15.3%. Kmart comparable sales decreased 13.0%, while Sears comparable store sales declined 17.0%
Loan extension amid holiday season gives Sears financial breathing room
Sears Holdings gained some breathing room amid the critical holiday shopping season with a pair of deals the struggling Hoffman Estates-based retailer said will give it more financial flexibility.
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