In Part I, we discussed Jonathan Litt’s battle with Taubman Centers. In Part II, we will take a look at the underlying trends that led to this, and the broader state of the retail real estate sector. Finally, in Part III will examine how the performance of retail real estate is measured, and how some… Continue Reading Part II – State of the Shopping Mall
Tag: Macy’s
Richard Baker (SHA ’88) In Talks to Acquire Macy’s
Canadian retailer Hudson’s Bay Co., of which Baker Program in Real Estate benefactor Richard Baker (SHA ’88) is Governor and Executive Chairman, is in preliminary discussions regarding a potential takeover of leading U.S. department store chain Macy’s Inc. (NYSE: M), The Wall Street Journal reported on Friday, citing “people familiar with the matter.” Many commentators and analysts… Continue Reading Richard Baker (SHA ’88) In Talks to Acquire Macy’s