Mergers and acquisitions, changes in consumer spending habits and other lasting effects from the pandemic continue to shape the national retail landscape. Here are 10 of the most-read stories about the sector in 2022.
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Kroger-Albertsons Megamerger Aims To Boost Battle Against Rivals Walmart, Amazon
Grocery giants agree to $25 billion acquisition deal creating an enormous real estate portfolio with nearly 5,000 stores. » Read More -
National Restaurant Chains Swoop Into Downtown Los Angeles as Expense Account Lunches Wane
Long shunned by landlords, fast-food eateries are returning to fill pandemic-era retail vacancies. » Read More -
US Mall Giant Simon To Acquire 50% Stake in Global Developer Jamestown
The real estate investment trust expects the purchase to help revitalize and diversify its retail portfolio. » Read More -
Jeff Rubin of It’Sugar Seeks Sweet Success Where Many Specialty Retailers Have Failed
The candy industry veteran brought his vision of a 20,000-square-foot store to Times Square with plans for an even larger location in San Francisco. » Read More -
Amazon To Roll Back Capital Expenditures as Consumer Demand Weakens
The company said sales at its web services and brick-and-mortar retail operations rose as core online retail revenue falls. » Read More -
North America's Underground Shopping Areas Struggle To Dig Out of Pandemic Hole
Reliant on office workers, below-grade retailers say they are getting fewer visitors as employers embrace hybrid work. » Read More -
Nationwide Glut of Stores Shows Signs of Easing, New Analysis Finds
Reduced construction follows the pandemic, population migration, demolitions and repurposing. » Read More -
Kmart’s Last Anchor Spaces Seek New Tenants as Retail Icon Vanishes Piece by Piece
Brokerages CBRE and JLL have been hired to find users for the once-mighty retail chain’s big-box stores. » Read More -
American Dream Megamall Gets Four-Year Reprieve on Debt of $1.7 Billion
A group led by JPMorgan Chase prolonged the term for construction financing owed, giving the New Jersey entertainment-and-retail complex more time to rebound from challenges. » Read More -
Times Square’s Visitors Push Closer to Pre-Pandemic Levels in Positive Sign for Retail Real Estate
Tourists are returning to New York, the city that was once the U.S. epicenter of the COVID-19 health crisis. » Read More