Food Hall Headed for Troubled Stamford Mall
Celebrity chef Todd English plans to open a large food hall in the troubled Stamford Town Center mall as part of a new business venture called The English Hospitality Group.
Celebrity chef Todd English plans to open a large food hall in the troubled Stamford Town Center mall as part of a new business venture called The English Hospitality Group.
Stamford’s troubled mall has lost another major tenant.
Stamford Town Center has lost another two national retailers with a third likely not far behind.
COVID-driven disruptions to shopping and spending patterns increased pressure on Connecticut shopping mall landlords in 2020, while adding demand for warehouse and distribution facilities.
Home furnishings Safavieh has acquired the 38-year-old Stamford Town Center mall from Taubman Centers and UBS Realty Investors.
Even as current ownership markets the property for sale, shops continue to close at the Stamford Town Center Mall thanks to a wave of retail bankruptcies sweeping the nation.
Logistics company Fillogic Hubs announced it is expanding planned “tech-enabled micro distribution hubs” from Stamford Town Center and four other New Jersey malls to others across the country.
The storied Manhattan clothier Brooks Brothers is filing for bankruptcy protection.
The nation’s largest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail industry.
A 33-year broker for CBRE based in its Stamford office, Jeff Dunne has closed over $30 billion in investment sales during his career. Dunne has represented owners of high-profile buildings this year in selling off such properties as the former GE Capital offices and current Vineyard Vines headquarters in Stamford.
The company which owns the 761,000-square-foot mall in the heart of Downtown Stamford is putting the entire complex up for sale.
Charlotte Russe is the latest brand to announce a series of closures as the chain stores continue to feel the strain in the changing industry.