Riley McDermid/San Francisco Business Times – Macy’s will sell its Men’s Store in San Francisco’s Union Square for $250 million, the company said on an earnings call Thursday, as part of a broader effort to shutter 100 stores and reduce its brick-and-mortar presence. “Macy’s will lease the Men’s store property for two to three years as it completes […]

John Harris/The Morning Call – To close or not to close? That is the question for retailers this Thanksgiving. Over the last couple of years, it wasn’t much of a dilemma at all. Retailers started their Black Friday sales earlier and introduced us to a new shopping holiday that quickly became known as Gray Thursday. After all, brick-and-mortar […]

Jon Harris/The Morning Call – While Macy’s still plans to close 100 of its stores, the struggling retailer’s downsizing will not affect the Christmas shopping you plan to do at any of the department store chain’s locations. That’s because Macy’s won’t reveal the stores that will close until after Santa has left that polo, blazer or […]

Kate Bramson/Providence Journal – Providence Place has embarked on the largest renovation project in its history to keep the mall competitive as an urban retailer and fix traffic and parking problems that have existed since it opened in 1999. More than $20 million in upgrades will include converting most of the former JCPenney department store into more […]