The nation’s biggest mall owner is set to reopen more than four dozen shopping centers next month. CNBC obtained an internal memo from Simon Property Group...
Mall owners are starting to feel the COVID-19 pinch. Taubman is sticking tight to its rent guidelines. Simon Property Group has cut its workforce. As...
As social distancing and stay-at-home orders continue due to the escalating COVID-19 pandemic, Simon Property Group has furloughed about 30 percent of its workforce, or...
The coronavirus is closing malls and leading to layoffs at restaurants while boosting laptop sales amid a move to remote work, among other economic impacts. Here are...
Brick-and-mortar retailers are opening smaller-scale locations packed with technology designed to meet the needs of shoppers in cities. Sainsbury’s, in one case, unveiled a new c-store format...
You don’t get to be Simon Property Group with $2 billion in income during a bad year without being crafty about retail. You don’t get...
As retail owners face the challenge of decreased foot traffic and store closures brought on by the rise of eCommerce, mall owners have been aiming...
With an offer that establishes a minimum price on the assets of the bankrupt merchant, Forever 21 Inc. came to a deal on Sunday (Feb....
Property builders are constructing kitchens in empty malls to help fill food-delivery orders, a new strategy to service the flourishing business segment of driving restaurant...