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SCT - June 17, 2021

ICSC Member Moments

SCT - June 18, 2021

Washington Prime Group becomes third REIT in Chapter 11 in a year: How it’s playing out

Pandemic lockdowns, tenant bankruptcies and crushing debts helped drive another mall REIT to seek government assistance in restructuring its balance sheet. Washington Prime Group filed for Chapter 11 bankruptcy protection this week, becoming the third mall REIT in a year to do so, joining CBL and PREIT.

SCT - June 18, 2021

See Google’s first physical store, plus unmanned grocery in rural areas, Macy’s Backstage and more

Neiman Marcus buys a remote-selling platform, supermarkets go after new markets, Hermes eyes top malls, coffee chains brew comebacks, a new Instagrammable experience and signs of the demise of Black Friday.

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