Struggling mall owner files for Chapter 11 bankruptcy protection
With a number of major department store brands struggling and shrinking, malls have suffered. Macy's has closed a number of underperforming stores over the past few years and J.C. Penney only survived a Chapter 11 bankruptcy because two of its landlords, Simon Property Group and Brookfield Asset…
#macy #jcpenney #chapter11 #simonpropertygroup #sears #bedbathbeyond #placerai #yoy #lienlenders #dip