J.C. Penney CEO Jill Soltau (Credit: Justin Sullivan/Getty Images) Department store J.C. Penney announced Monday it plans to close 242 stores across the country as part of its bankruptcy restructuring. The 118-year-old company filed ...
Photo illustration of Paraag Sarva and Amol Sarva (Credit: Amol Sarva by Sasha Maslov, Linkedin) When flex-office provider Knotel struck a deal with insurance startup Rhino, the two firms failed to disclose that their CEOs were ...
Photo illustration of Softbank CEO Masayoshi Son in The Last Supper (Illustration by The Real Deal) Masayoshi Son, whose SoftBank is facing $13 billion in losses thanks to splashy bets on flailing startups, made a surprising comparison ...
Old Navy is facing two lawsuits for skipping out on rent at L.A. County mall locations. (Credit: iStock) Last month, Gap Inc. suspended rent payments at its 2,785 retail stores nationwide, including Banana Republic and Old Navy, saying ...
Stuart Elliott After more than 17 years of coverage that’s spread from New York and its surroundings to South Florida, Los Angeles and Chicago, we’re excited to present a combined issue that brings The Real Deal’s stories to doorsteps ...
Andrew Florance, CEO of CoStar (Photo by Jeffrey MacMillan for the Washington Post) Commercial real estate is navigating perhaps its greatest challenge in a generation, if not more. Many of the world’s most prominent companies have ...
909 N. Bedford Drive, and 2710 Bowmont Drive (Credit: Hilton & Hyland and Compass) The coronavirus has cut deeply into Los Angeles luxury home sales this season, but recent relaxing of in-person showings and a flurry of new ...
Penthouse at the Pacifica tower (Credit: The Pacifica) The most expensive home to ever hit the market in New Zealand is now up for grabs. Australian developer Hengyi Pacific is asking NZ $40 million, or $23.9 million, for what the ...
William Duff, founder of San Francisco firm WDA Architects are spending a lot more time at home and it’s giving them a new perspective on design. For architects who designed their own homes, stay-at-home orders mean they’re putting ...
(Credit: Rob Kim/Getty Images, iStock) The numbers are in for last month’s retail sales and they aren’t pretty. Despite an increase in online purchases, total sales fell 16.4 percent in April — the largest monthly drop ever recorded, ...