WALMART 2-HR GROCERY DELIVERY, 50% OF DEPT. STORES PREDICTED TO CLOSE BY 2021, J CREW TO FILE FOR BANKRUPTCY

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1. Walmart now hopes to capitalize on the increased demand for speedier delivery by piloting a pricier 2-hour ‘Express’ grocery delivery service. Reporting from Sarah Perez.
2. Over 50% of department stores in malls are predicted to close by 2021 yet still represent about 60% of the anchor space within malls across the U.S. today, according to Green Street Advisors. Story by Lauren Thomas.
3. J.Crew Group is preparing for a bankruptcy filing that could come as soon as this weekend, CNBC reported on Thursday, citing people familiar with the matter. Coverage from NY Post via Reuters.

Source: Walmart is piloting a pricier 2-hour ‘Express’ grocery delivery service | TechCrunch

Source: Over 50% of department stores in malls predicted to close by 2021, real estate services firm says | CNBC

Source: J.Crew’s weekend plans might include filing for bankruptcy | NY Post

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