Tag: ahead

Stocks week ahead: This bond market took off in 2020. And it’s all for a good cause

What’s happening: Social bonds have raised more than $163 billion this year, more than 10 times the $13 billion raised in 2019, according to a report from law firm Linklaters. The coronavirus pandemic has been the primary driver of the exponential growth in the asset class.

“Social bonds emerged as a useful tool in the fight against the pandemic by mitigating the socio-economic impact of the crisis,” said Linklaters capital markets partner Richard O’Callaghan.

The European Union was the largest issuer of social bonds, raising $47.3 billion across five deals. Other major fundraisers included the Asian Development Bank, as well … Read More

Shops at the Crenshaw mall weather pandemic ahead of sale

The food court is mostly shuttered. The Museum of African American Art, located improbably inside a Macy’s, is closed for now. And Black Santa is not coming to town.

The Baldwin Hills Crenshaw Plaza may be open, but it doesn’t much feel that way.

For the record:

8:58 AM, Dec. 22, 2020A previous version of this article misidentified CIM Group’s headquarters as being located in New York. The company is based in Los Angeles.

Gone is the classic mall background noise — Top 40 music drowned out by people talking, walking, rustling shopping bags. Gone are the free weekly

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Is the Mall Open on Thanksgiving 2020? When Shopping Starts Ahead of Black Friday

Most malls are closed on Thanksgiving Day 2020, which this year falls on November 26. However, all malls resume operations from the day after Thanksgiving, Black Friday, which sees various retail venues offer discounted prices on a range of products.



a group of people standing in a room: People line up outside a store at the Mall of America on June 10 in Minnesota.


© Getty Images
People line up outside a store at the Mall of America on June 10 in Minnesota.

The History Of Black Friday And Cyber Monday

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But customers can start shopping online ahead of Black Friday, as several major retailers, including Amazon, Best Buy, Walmart, and several others, have launched their sales early ahead

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Can a New Mall Make It in 2020? | BoF Professional, The Week Ahead

THE CHEAT SHEET

American Dream Finally Opens

The American Dream mega mall and entertainment complex reopened in October 2020 | Source: Timothy A. Clary/AFP via Getty Images

  • American Dream, a 3-million-square-foot shopping and entertainment complex in New Jersey, opened for retail on Oct. 1
  • The opening was pushed back six months by the pandemic, the latest in a long series of delays stretching back to the mid-2000s
  • Capacity limits and other Covid-19 precautions will make it difficult, if not impossible, to hit attendance and revenue targets

American Dream, a megamall/entertainment complex/amusement park nestled among a tangle of interstates in New

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CBL and PREIT malls filed for bankruptcy ahead of Black Friday

  • Two US mall chains that own a total 130 malls filed for bankruptcy.
  • The locations will remain open for now during financial restructuring.
  • The coronavirus pandemic has been catastrophic for retailers, and malls might not bounce back.
  • Visit Business Insider’s homepage for more stories.

The owners of a combined 130 malls just filed for bankruptcy, CNN reported.

CBL & Associates, based in Tennessee, and PREIT, based in Pennsylvania, both filed for Chapter 11 bankruptcy on Sunday as the retail world continues to suffer the results of the pandemic and lockdowns. Both mall chains will remain open during financial restructuring.

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