“This is a land grab,” said the president of the Chinese Restaurant Association of Greater Philadelphia.

A 34% drop in sales and Nordstrom’s departure forced the decision.

Expanding retailers all seem eager to get hold of Bed Bath’s leases, but one longtime developer isn’t so sure.

This follows three other refinancing deals struck by the big mall owner last year.

And in the busy retail nexus of Manhattan, employee rosters have fallen by 20%.

Primark continues its aggressive expansion in New York and New Jersey

Negotiations will be tough, however. Tenant improvement allowances for some concepts go as high as $400 per sq. ft.

Gen Z and Gen X shoppers would miss indoor shopping the most, according to a national poll.

In May, shopper visits fell off by 12% at indoor malls and 11% at outlet centers.

The big center owner also reports that 35% of the energy used at its 55 regional centers comes from clean or renewable sources.