Thread regarding Macy's Inc. layoffs

UMiami Buys Macy’s Department Store for $40M

Bye bye standalone Furniture Galleries and Furniture Clearance Centers

https://commercialobserver.com/2024/07/university-of-miami-health-system-macys-pincecrest/

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| 904 views | | 6 replies (last July 7, 2024) | Reply
Post ID: @OP+1tmlul2f

6 replies (most recent on top)

Sad for the employees of this gallery.

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Post ID: @2how+1tmlul2f

*Real estate

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Post ID: @1ahi+1tmlul2f

Retail is hot right now....except for failing department stores anchoring empty run-down malls. This is the exception, not the norm - keep dreaming, Tony.

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Post ID: @1wbr+1tmlul2f

As stated below, Real estate is hot right now.

Who needs Arkhouse? The more of these deals M does on their own makes Arkhouse and their low ball bids irrelevant.

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Post ID: @gut+1tmlul2f

Real estate is hot right now.

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Post ID: @yny+1tmlul2f

There’s no mystery with this one. $40M is probably 50 x yearly profit on this site. True freestanding buildings in hot locals will be the first to go.

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Post ID: @tnp+1tmlul2f

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