Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
shopping-malls
Latest News & Analysis
Retail
Mall Landlord Simon Property's Revenue Falls 25%
The company's shares, which closed up nearly 30 percent after drugmaker Pfizer Inc revealed progress in its experimental COVID-19 vaccine, were down about 6 percent after the closing bell.
Mall Landlord Simon Property's Revenue Falls 25%
The company's shares, which closed up nearly 30 percent after drugmaker Pfizer Inc revealed progress in its experimental COVID-19 vaccine, were down about 6 percent after the closing bell.
Retail
Brookfield Reports Traffic and Sales Approaching Pre-Pandemic Levels
Customer traffic was as much as 70 percent of normal levels at Brookfield’s malls, with almost all tenants open, Chief Executive Officer Brian Kingston said on a conference call with analysts.
Brookfield Reports Traffic and Sales Approaching Pre-Pandemic Levels
Customer traffic was as much as 70 percent of normal levels at Brookfield’s malls, with almost all tenants open, Chief Executive Officer Brian Kingston said on a conference call with analysts.
Retail
The Evolving Physical Retail Opportunity
‘Essentially, we are allowing our partners to use the property space to serve their consumers and patrons in a safe, exciting and effective manner,’ explains Meredith Darnall, senior vice president of business intelligence and strategy at Brookfield Properties.
The Evolving Physical Retail Opportunity
‘Essentially, we are allowing our partners to use the property space to serve their consumers and patrons in a safe, exciting and effective manner,’ explains Meredith Darnall, senior vice president of business intelligence and strategy at Brookfield Properties.
Retail
What Makes a Mall Work in 2020
Exceptional shopping centres can thrive even in the middle of a pandemic. What separates the winners from the losers? And where should brands place their bets?
What Makes a Mall Work in 2020
Exceptional shopping centres can thrive even in the middle of a pandemic. What separates the winners from the losers? And where should brands place their bets?
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Retail
Can a New Mall Make It in 2020?
This week, everyone will be talking about the start of market week, the reopening of the American Dream mall and Shanghai Fashion Week. Get your BoF Professional Cheat Sheet.
Can a New Mall Make It in 2020?
This week, everyone will be talking about the start of market week, the reopening of the American Dream mall and Shanghai Fashion Week. Get your BoF Professional Cheat Sheet.
China
Why Aren’t More Chinese Department Stores Going Bankrupt?
While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?
Why Aren’t More Chinese Department Stores Going Bankrupt?
While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?
Retail
Report: Simon Property Group to Transform Some Stores Into Amazon Fulfilment Centres
The two companies were in talks before the pandemic about converting retail space that was formerly occupied by J.C. Penney and Sears Holdings Corp.
Report: Simon Property Group to Transform Some Stores Into Amazon Fulfilment Centres
The two companies were in talks before the pandemic about converting retail space that was formerly occupied by J.C. Penney and Sears Holdings Corp.
Retail
UK Mall Landlords See Rent Payments Decline
The British government has temporarily limited landlords’ ability to evict tenants in response to the crisis, which analysts say has resulted in some retailers withholding rent.
UK Mall Landlords See Rent Payments Decline
The British government has temporarily limited landlords’ ability to evict tenants in response to the crisis, which analysts say has resulted in some retailers withholding rent.
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Retail
Can Kanye West Save Gap?
The controversial and influential entertainer and designer will bring his Yeezy collection to Gap in a co-branded line of apparel in 2021.
Can Kanye West Save Gap?
The controversial and influential entertainer and designer will bring his Yeezy collection to Gap in a co-branded line of apparel in 2021.
Retail
#BoFLIVE: Is This the End of the American Mall?
Watch retail consultant Robert Burke discuss the future of the shopping mall and the role it will play in a troubled retail landscape, with BoF’s Lauren Sherman and Cathaleen Chen.
#BoFLIVE: Is This the End of the American Mall?
Watch retail consultant Robert Burke discuss the future of the shopping mall and the role it will play in a troubled retail landscape, with BoF’s Lauren Sherman and Cathaleen Chen.
Retail
The Great Retail Reopening Has Begun. Will Shoppers Return?
This week, everyone will be talking about the future of Victoria's Secret, the reopening of American stores and China's 520 Day. Get your BoF Professional Cheat Sheet.
The Great Retail Reopening Has Begun. Will Shoppers Return?
This week, everyone will be talking about the future of Victoria's Secret, the reopening of American stores and China's 520 Day. Get your BoF Professional Cheat Sheet.
Retail
Fashion's New Normal: Quarantines and Empty Stores
This week, Covid-19 is almost certain to dominate discussion and headlines again. Get your BoF Professional Cheat Sheet.
Fashion's New Normal: Quarantines and Empty Stores
This week, Covid-19 is almost certain to dominate discussion and headlines again. Get your BoF Professional Cheat Sheet.
The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.