Unibail-Rodamco, Europe’s largest property firm, is on track to purchase U.S. and U.K. mall operator Westfield Corp. for $16 billion. That big buy is a defensive move designed to help the firm fend off the digital onslaught led by eCommerce operations like Amazon, according to reports from...
December 15, 2017
Unibail-Rodamco CEO Christophe Cuvillier said on Thursday (Dec. 14) that he believes brick-and-mortar retail will never go away and that eCommerce has its limitations. On a conference call covered by Reuters, the CEO of a company — that is spending $16 billion to buy Westfield to create a global shopping mall company — said online shopping will […]
December 12, 2017
Unibail-Rodamco, Europe’s largest property firm, is on track to purchase U.S. and U.K. mall operator Westfield Corp. for $16 billion. That big buy is a defensive move designed to help the...
