malls

Forever 21, the fast-fashion mall standby that filed for bankruptcy last year, will live on. Three companies announced Wednesday that they are jointly acquiring the retailer aimed at young shoppers and that they plan to continue to operate its U.S. and international stores.

The buyers are Authentic Brands Group, which owns major brands such as Barneys New York, Aeropostale and Nine West; and real estate companies Simon Property Group and Brookfield Property Partners.

Akron’s Chapel Hill Mall came perilously close to closing its doors Friday over a delinquent water and sewer bill. 

The city says its Office of Integrated Development gave the mall’s owner, New York-based Kohan Retail Investment Group, until 9:30 Friday morning to make a payment or face closure.

Adora Namigadde

Eastland Mall is making changes that administrators hope will usher in a new life within the next year.

Photographer Johnny Joo photographed an abandoned Rolling Acres Mall with a layer of snow.
Johnny Joo / Odd World Studio

In an effort to understand Ohio, an Akron-based author is traveling around the state. David Giffels believes the key to understanding the country ahead of the 2020 presidential election begins in his own backyard.

His quest continues this month by looking at the realities of Ohio’s economy and the president’s promises to bring jobs back into the area.

Future of Retail

Aug 9, 2019

Big department stores such as Macy's and Sears were once retail empires. 

Now mass closures and layoffs have some business analysts predicting the end of physical retail stores. Other experts disagree, saying that those in retail can stay viable by shedding the dead weight of low-profit stores and focusing on innovation. 

Today on All Sides, the future of retail and where Columbus stands. 

Guests: 

Future Of Retail

Jun 26, 2019
Nicholas Eckhart / Flick Creative Commons

Big department stores such as Macy's and Sears were once retail empires. 

 

Now mass closures and layoffs have some business analysts predicting the end of physical retail stores. Other experts disagree, saying that those in retail can stay viable by shedding the dead weight of low-profit stores and focusing on innovation. 

 

Today on All Sides, the future of retail and where Columbus stands. 

How towns are hurt when malls run into trouble

Jun 21, 2017
GettyImages-659529378.jpg
Marielle Segarra

After more than 20 years, Jim Quigley left his job at a Wall Street investment firm for a smaller market. He got elected town supervisor in Ulster, New York, about 100 miles north of Manhattan. Population: 12,251.  

“My family's been in this community since 1849,” Quigley said.

These days, Quigley is working 60-hour weeks, trying to keep the town’s budget in the black. He’s been preparing for a drop in tax dollars from Ulster’s largest taxpayer, the Hudson Valley Mall.