Sears’ unsecured creditors say the retailer can’t be saved and Eddie Lampert’s plan to revive it amounts to a “foolhardy gamble with other people’s money.”
Amazon made an official announcement that it was picking New York City and Virginia as the sites for its new office campuses, reports Reuters. The Wall Street Journal looks at Macy’s plan to save itself. These are among today’s must reads from around the commercial real estate industry.