Cbl news and trends

Today In Retail: UK Merchants Brace For Lockdown, Mall Groups File For Chapter 11 And Brands Will Be Big This Holiday

November 02, 2020
Today in Retail
Mall Bankruptcies Continue With PREIT And CBL
Retail // November 02, 2020

Another wheel has fallen off in the troubled mall sector, as two real estate trusts have filed for Chapter 11 bankruptcy. The filings, both announced Sunday night (Nov. 1), came from Philadelphia-based PREIT and Tennessee-based CBL & Associates. PREIT, with 19 properties, had scored points...