shopping malls

Malls Stake Their Claim on Legacy Retailers With Express Buyout
Malls Stake Their Claim on Legacy Retailers With Express Buyout
June 18, 2024  |  Retail

Facing an ongoing existential threat from digital-native platforms, malls are doing everything in their power to keep legacy retailers alive — including staking millions to...

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Shopping Center Vacancies Hit Lowest Level in 20 Years
Shopping Center Vacancies Hit Lowest Level in 20 Years
June 09, 2024  |  Retail

Don’t write any obituaries for the American shopping center just yet. As The New York Times (NYT) reported Sunday (June 9), retail landlords are now...

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Simon Property Group Sees ‘Big Comeback’ in Malls
Simon Property Group Sees ‘Big Comeback’ in Malls
May 06, 2024  |  Earnings

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...

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Simon Property Group Leverages Digital Loyalty Tech to Drive Brick-and-Mortar Visits
Simon Property Group Leverages Digital Loyalty Tech to Drive Brick-and-Mortar Visits
February 05, 2024  |  Earnings

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...

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Retailers Rethink Malls as Other Locations Report Stronger Sales
Retailers Rethink Malls as Other Locations Report Stronger Sales
January 15, 2024  |  Retail

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...

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‘Zombie Malls’ Plague Towns as Tax Bases Dry Up
‘Zombie Malls’ Plague Towns as Tax Bases Dry Up
November 26, 2023  |  Retail

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...

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Mall of America: Consumers Want to Be Entertained 
Mall of America: Consumers Want to Be Entertained 
November 09, 2023  |  Retail

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...

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Simon Property Group Thrives With Strong Tenant Sales Growth and Tourism Rebound 
Simon Property Group Thrives With Strong Tenant Sales Growth and Tourism Rebound 
October 30, 2023  |  Retail

In the realm of property leasing, Simon Property Group, the largest mall owner and developer in the U.S., is seeing growth in tenant sales, particularly...

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Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
August 02, 2023  |  Earnings

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...

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