The Dillard’s (NYSE: DDS) department store chain has purchased the Dallas-area Longview Mall for $34 million, according to a Wall Street Journal report sourced from an unnamed “person familiar with the matter.” It is rare for chain store retailers to buy an entire...
Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 18-22. Miss: Soaking...
Construction costs on the new Las Vegas baseball stadium for the former Oakland A’s have ballooned to $2 billion. The Nevada Independent reports the 33,000-capacity stadium was initially budgeted at $1.5 billion, only to be raised last year to $1.75 billion. Team...
A New York appeals court voided the more than half-million-dollar fraud judgment enacted against President Trump and the Trump Organization, but kept in place the lower court decision that Trump and his company engaged in valuation fraud when obtaining loans for their...
Beyond Inc. (NYSE:BYON), the Murray, Utah-based parent company of the Bed Bath & Beyond brand, announced that its return to brick-and-mortar retailing will not include California. Marcus Lemonis, executive chairman of Bed Bath & Beyond, issued an online...
Target Corporation (NYSE: TGT), the Minneapolis-headquartered retailer with more than 2,000 stores, announced that CEO Brian Cornell will transition to executive chairman of the board of directors while Chief Operating Officer Michael Fiddelke will take on the CEO...