simon property group

Coronavirus Triggers Furloughs For Over 1K Workers At Simon-Owned Malls
Coronavirus Triggers Furloughs For Over 1K Workers At Simon-Owned Malls
March 31, 2020  |  Retail

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...

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US Tech Retailers Left With Empty Shelves; Mall Operator Simon Shuts Down
US Tech Retailers Left With Empty Shelves; Mall Operator Simon Shuts Down
March 19, 2020  |  Coronavirus

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...

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Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami
Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami
February 14, 2020  |  Retail

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...

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Why Innovation Could Be The Call Of The Mall
Why Innovation Could Be The Call Of The Mall
February 13, 2020  |  Retail

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...

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Simon, Taubman Join Forces To Save The Mall
Simon, Taubman Join Forces To Save The Mall
February 10, 2020  |  Retail

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...

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Forever 21 Could Be Sold To Real Estate Firms, Licensing Co. For $81M
Forever 21 Could Be Sold To Real Estate Firms, Licensing Co. For $81M
February 03, 2020  |  Retail

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....

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‘Ghost Kitchens’ Set Up Shop In Malls
‘Ghost Kitchens’ Set Up Shop In Malls
February 02, 2020  |  Delivery

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...

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Can Sports And Entertainment Really Spark Mall Revivals?
Can Sports And Entertainment Really Spark Mall Revivals?
January 08, 2020  |  Retail

Long live physical retail. That’s the thought one gets when reading news via Bloomberg, which reported “when shoppers visit the long-awaited American Dream mega-mall in...

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Premium Malls Strained By Online Competitors
Premium Malls Strained By Online Competitors
December 26, 2019  |  Retail

Top-tier malls in the country, once thought to be impervious to the changing retail landscape, have been struggling lately, according to a report by The...

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