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BROOKFIELD ASSET Management Inc. is paying about $15 billion t for GGP Inc.,the owner of the Providence Place mall. / PBN FILE PHOTO/ELI SHERMAN

Brookfield bets malls have a future with $15B GGP deal

NEW YORK - Brookfield Asset Management Inc. is betting against the retail apocalypse with its takeover of GGP Inc., the owner of the Providence Place...
SHOW FLOOR: Attendees and exhibitors interact at the Northeastern Retail Lumber Association expo hall at the R.I. Convention Center in Providence. Over the three days the NRLA expo was held in February, attendees booked 3,052 hotel rooms and spent $1.13 ­million. / COURTESY NRLA

Convention center eyes strong 2018

In February, hundreds of members of the Northeastern Retail Lumber Association poured into Providence to attend their annual industry expo at the R.I. Convention...

H&M to open at Providence Place

PROVIDENCE – H&M, one of the largest fashion brands in the world, is opening a second location in Rhode Island, at Providence Place mall.The...
BROOKFIELD PROPERTY Partners LP bid about $14.8 billion to acquire the stake it doesn’t already hold in Providence Place mall landlord GGP Inc. / PBN FILE PHOTO/NICOLE DOTZENROD

Brookfield bids $14.8B for rest of Providence Place mall landlord GGP

NEW YORK - Brookfield Property Partners LP bid about $14.8 billion to acquire the stake it doesn’t already hold in U.S. mall owner GGP Inc.,...
CYCLEBAR, A FRANCHISE of indoor cycling facilities, is opening a studio at Providence Place mall, its second New England location, which is expected to occupy a Francis Street location, taking a part of the Old Navy store footprint.

CycleBar to open studio at Providence Place

PROVIDENCE – The transformation of Providence Place continues.CycleBar, a franchise of indoor cycling facilities, is opening a studio at Providence Place mall. It is...
MALLS AROUND THE COUNTRY are utilizing former retail spaces as mixed-use developments including office spaces and restaurants. / BLOOMBERG FILE PHOTO/ARIANA LINDQUIST

Malls must change to survive

After almost 30 years, Emerald Square in North Attleboro is becoming something other than an enclosed mall. A commercial real estate firm has started...
AGGRESSIVE GROWTH: Pictured is the interior of the Amazon fulfillment center in Fall River. According to retail analysts at Needham and Co. LLC, Amazon posted $128.5 billion in gross merchandise sales in 2016, 34 percent of all U.S. online sales, and accounted for 58 percent of all e-commerce growth in the country that year.  / PBN PHOTO/MICHAEL SALERNO

Amazon’s growth is bringing much-needed jobs to region, but are they...

Jerry Johnson lost his last retail job about eight years ago, when the consumer-electronics chain Circuit City shut its stores under pressure from competing...
THE FIRE+ICE RESTAURANT at Providence Place shuttered its doors on June 25, 2017. PBN FILE PHOTO/NICOLE DOTZENROD

Providence FiRE+iCE restaurant closes its doors

PROVIDENCE - The FiRE+iCE restaurant at Providence Place closed its doors for good on June 25, citing a broken air conditioner as the reason...
A PORTION OF the Macy's anchor at Providence Place has been converted to Macy's Backstage, The Outlet Store. /COURTESY BLOOMBERG NEWS/GEORGE FREY

Macy’s Backstage provides outlet experience at Providence Place anchor

PROVIDENCE – A portion of the Macy’s anchor at Providence Place has been converted to Macy’s Backstage, The Outlet Store, according to a recent...
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