Simon Property Group is leveraging technology to maintain shoppers’ visits to on-site stores in the face of growing competition from eCommerce players. The largest mall owner and developer in the U.S. has driven revenue increases, reporting Monday (Feb. 5) that, in the final quarter of 2023, it...
In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that a number of brands are turning to shopping centers and strip malls after seeing those locations...
All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26), hundreds of these malls now dot the U.S., with more stores closed than open. Older, lower-end shopping centers have lost at least half and,...
Nestled in Bloomington, Minnesota, Mall of America takes the shopping center concept to a whole new level. It is an expansive retail and entertainment complex that provides consumers with a distinct experience compared to traditional malls. Known for its size, diverse attractions, and innovative retail...
November 09, 2023
Nestled in Bloomington, Minnesota, Mall of America takes the shopping center concept to a whole new level. It is an expansive retail and entertainment complex that provides consumers with a distinct experience compared to traditional malls. Known for its size, diverse attractions, and innovative retail approach, Mall of America stands out as a unique destination […]
May 14, 2020
To get a sense of how China is re-opening, and where there are bumps in the road, look to the malls. And within the malls, look to the restaurants that...
June 23, 2017
Where there is disruption in an industry — bankruptcies are sure to follow. And retail has been very disrupted of late. So is it time for any business not named Amazon to...
March 10, 2017
Sizzle Bricks and Mortar, Alive? What if we were to tell you that retail shopping isn’t dead? That there may be a spark of life in the bricks and mortar...
May 06, 2024
Simon Property Group has seen a “big comeback” in malls, driven in part by domestic tourism. The company, which is a real estate investment trust that owns shopping, dining, entertainment and mixed-use destinations, saw its occupancy rise 1.1% year over year (YoY) and reach 95.5% as of March 31, Simon said in a Monday (May 6) earnings […]
January 15, 2024
In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal (WSJ) report, which said that...
November 26, 2023
All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26), hundreds of these malls now dot the U.S.,...
August 02, 2023
Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds from higher interest expenses. “Our...
