Simon Property Group Misses on Q4 Earnings But Upbeat for 2021 The company is optimistic that retail will make a strong rebound in 2021 3 MIN READ 02.9.2021
JC Penney’s New Owners Begin Search for New CEO; Jill Soltau To Exit Soltau, who joined the struggling retailer two years ago, will depart on Dec. 31. 1 MIN READ 12.30.2020
Stocks End Mostly Lower Monday; S&P 500 Sheds 0.2% Dow Industrials lost 0.5%, and the Russell 2000 slipped 0.1%. Tech stocks bucked the trend, with the Nasdaq composite gaining 0.4%. 4 MIN READ 12.7.2020
JC Penney Retail and Operating Assets Exit Chapter 11 Two of Penney's biggest landlords, Simon Property Group and Brookfield Asset Management, have acquired nearly all such assets. 1 MIN READ 12.7.2020
Simon Property and Taubman Agree on Revised Deal Terms; New Price Reduced to $43 Per Taubman Share Under the original agreement announced in February, Taubman shareholders were to receive $52.50 per share in cash. 1 MIN READ 11.16.2020
JC Penney Reaches Tentative Deal With Landlords and Lenders, Averts Liquidation Mall owners Simon Property Group and Brookfield Property Partners have teamed up to acquire J.C. Penney’s retail operations and are putting the finishing touches on an agreement. 4 MIN READ 09.9.2020
