Walgreens CEO Pessina Steps Down; Plus, Target Joins Walmart In Thanksgiving Closure; And Retailers, Malls Step Up Rent Payments
TOP STORIES | | July 27, 2020 |
| | SHOPPING MALLS | Megamalls – Like Mall Of America And American Dream – Face Mega Problems | While many malls have stepped up their lease payments, the two biggest ones have not. The company that owns Mall of America and the still-in-progress American Dream project in the New Jersey Meadowlands has hit a rough patch, and has missed more than $25 million in payments. | |
| | RETAIL RENTS | Retail Rental Payments Make Comeback | | | DIRECT TO CONSUMER | Shellfish Industry Turns To DTC To Boost Profits | |
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