Weekend Recap- June 8 Edition

Another icon closes… Hudson’s Bay has had their struggles in the past few years and they are the latest of the big chains to close an iconic store(s). What I find most interesting about the 5th Ave store closing, is the WeWork acquisition. Shared work space is on the rise and this is just one of the latest buildings to be turned over!

Lord & Taylor closing 10 stores in United States
Richard Baker Starts Tear-Down At HBC, Closing Lord & Taylor’s Flagship And Selling Gilt Groupe
It’s Just About Time For Full-On Panic At J.C. Penney
Hudson’s Bay to close up to 10 Lord & Taylor stores, including Fifth Avenue in New York
Lord & Taylor: WeWork Startup Buys Iconic 5th Ave Building
This Is What Employee Amenities Looked Like In 1919, At Lord & Taylor’s 5th Ave Flagship

Below are a few articles that I found interesting this week.

Local:

Macy’s carving out more of its D-FW space for its off-price Backstage
Frisco’s Wade Park ducks foreclosure for fourth straight month
Automotive giant investing $175 million and hiring hundreds in Grand Prairie
Tech Firm Launches Property-Matching Service For Tenants, Targets Former Xceligent Customers
Hedge fund provides $105 million for new Frisco hotel
Toyota adds to its North Texas presence with a distribution center in Lewisville
Investor snaps up McKinney apartments with $40 million loan
From Phoenix To Frisco: Texas Extends Incentive Dollars To Lure Contractor HQ
What is Project Apollo? For Dallas, it could mean a $50 million investment

National:

Wells Fargo is selling all its branches in three Midwestern states
Bed Bath & Beyond’s new $29-a-year membership is actually a really good deal — it can pay for itself in a single purchase
Fashion Designer Kate Spade Dies At 55
Fred’s Closes Specialty Pharmacy Sale To CVS, Hints At More Deals
McDonald’s to add self-order kiosks to 1,000 stores each quarter
Fashion Brand’s First NYC Location Marshals Data To Enhance The In-Store Experience
3 Retail And CRE Trends To Watch In The Second Half Of 2018
Walmart Takes A Swig Of The $62 Billion Wine Industry With Its Own Bottling
Hawaii, Wisconsin are fastest-growing real estate states
16 Ways Malls Are Filling Space Besides Stores

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Rubicon Representation, LLC and Tim Lepore are not affiliated with these organizations.

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