Shutdowns (Institutional)

May 14, 2020

The Coronavirus Pandemic Helped Topple J. Crew and Neiman Marcus. So Did Private Equity.

J. Crew and Neiman Marcus were each facing a host of issues before the coronavirus pandemic forced them to close their stores and eventually file for […]
May 14, 2020

Jeff Bezos and Anna Wintour Partner Up

Finally, Jeff Bezos is really in fashion. On Thursday, Amazon rode to the rescue of the beleaguered American industry — or at least one particularly challenged […]
May 11, 2020

Will Shopping Ever Be the Same?

When department stores reopen their doors, a familiar whoosh will still greet customers at the entrance: the sudden gust of air-conditioning, the gleam of polished marble […]
May 11, 2020

When the Mall Reopened, She Was Ready

Malls, retail stores, restaurants and movie theaters sprawled across Texas were allowed to reopen on May 1, for the first time since March 31, when Gov. […]
May 11, 2020

They Fled the Coronavirus. Now They’re in Scenic Limbo.

The day before Megan LeCrone, a soloist dancer with the New York City Ballet, turned 36, she got an urgent call from her longtime friend and […]
May 8, 2020

The Little Wedding on the Deck

Ashley Gruber always made a point of paying attention in church. This helped salvage her wedding. Ms. Gruber and her fiancé, Jeph Mwaituka, had planned to […]
May 7, 2020

Neiman Marcus Files for Bankruptcy

In March 2019, the luxury retailer Neiman Marcus opened its first outpost in Manhattan. Spread over three floors and 188,000 square feet, the store was an […]
May 1, 2020

How to Be a Good Neighbor Now

We walk the dogs across the meadow in the rain. We don’t talk much. We say the same things over and over, and yet somehow there’s […]
April 29, 2020

Together Apart? How About Totally Losing It?

Sometimes the arguments take place on the street. More often, they appear to occur in a supermarket. One New Yorker, seemingly blasé about social distancing, gets […]
April 28, 2020

Biggest Mall Operator in U.S. Plans to Reopen 49 of Them

Simon Property Group, the biggest operator of malls in the United States, has come up with a game plan for reopening 49 shopping centers across 10 […]