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Retail Tech: Leap Raises $50M, Anta Deploys Robotics, Brookfield Puts Klarna in 150 Malls, Hatco Taps Infor

RightHand Robotics secured $66 million while WorkWhile raised a $13 million Series A funding round.

Retail Tech: Klarna Acquires Hero, Brookfield Adopts AR, Westfield Taps Afterpay

NewStore closed on $45 million in funding, while Vera Bradley has adopted appointment booking solutions from…

Hammerson Exits UK Retail Parks

The REIT has signed a contract to sell its remaining seven UK retail parks to Brookfield for $456.8 million.

New Details Reveal How Much Simon, Brookfield Are Paying for JCP Rent

The rent for 160 stores and six DCs could buy the mall operators time to reconfigure mall space in a…

What to Make of December’s Dismal Jobs Report

The U.S. now has fewer jobs than it did before the coronavirus pandemic. Here's what's happening in the…

JCPenney Completes Bankruptcy Sale. Here’s What Next.

The department store retailer has a tough road ahead as it tries to win back customers amid the challenges of…

Brookfield Cuts 400 Jobs: Ominous Sign for Shopping Malls?

After collecting just 34% of Q2 rents, Brookfield downsized its retail division.

Retail Tech Roundup: Revived Dressbarn Deploys Happy Returns, Aptos Lands New Fashion Client

Retail technology providers such as NCR, Microsoft, Aptos, RichRelevance, Alert Innovation, Adobe and…

Hail-Mary Save Could Spring JCP from Bankruptcy in October

JCP bankruptcy attorney Joshua Sussberg told judge David Jones the retailer is in a position to move the…

Fit:Match Takes Netflix-Style Approach to Pairing Consumers With Clothing

Fit:Match, designed specifically for the "fit first, style second" apparel shopper, is arriving in three…

Brookfield CEO Sees ‘Deal Opportunities’ on the Horizon

Last year Brookfield acquired Oaktree Capital, which specializes in distressed debt investments and…

Just in Time for Holiday, Vegas Shopping Center Adds Convenient New Delivery Option

The Dropit shopping service is taking its convenience-oriented solution to the bright lights of Las Vegas.

Mall Owners: Clothing Stores are Making a Comeback

The narrative at malls had been a rapid retreat from apparel retailers but property owners had a different…

Brookfield Bets Against Retail Apocalypse With $15 Billion Mall Buyout

Brookfield Asset Management Inc. is investing in retail despite the apocalypse narrative with its takeover of…