Tag: Simon Property Group Inc
Why retail store closures are slowing down after a Covid shakeout
A Dollar General store in Creve Coeur, Illinois.Daniel Acker | Bloomberg | Getty ImagesWayfair sees a chance to make a pivotal move.The furniture a [...]
Authentic Brands shelves IPO, to sell $12.7 billion stake to investors
Jamie Salter, chairman and chief executive of Authentic Brands Group LLC.Norm Betts | Bloomberg | Getty ImagesRetail conglomerate Authentic Brands [...]
Retailers hail lifting of travel ban, return of international tourists with hopes of sales rebound
Pedestrians carrying shopping bags wait to cross a street in the SoHo neighborhood of New York, U.S., on Sunday, Oct. 24, 2021. Consumers are facin [...]
Sears is shutting its last store in Illinois, its home state
A shopping cart sits in the parking lot of a Sears retail store on March 22, 2017 in Schaumburg, Illinois. Sears Holdings, the parent of Kmart and [...]
Macy’s got an upgrade, but there may be a better way to play retail
Is it time to dive into department store stocks?Analysts at Cowen brought that question to the forefront on Thursday by upgrading Macy's stock to o [...]
Kroger companions with Kitchen United for ghost kitchens in its grocery shops
A rendering of a Kitchen United area in a Kroger grocery retailerSupply: KrogerKroger, the nation's largest grocery store chain, and ghost kitchen [...]
What individuals are carrying, shopping for as they head again to the workplace
Commuters, most most of whom put on face masks, journey on the L practice system within the Loop on July 27, 2021 in Chicago, Illinois.Scott Olson [...]
Levi’s, American Eagle amongst shares to learn from enhanced little one tax credit score
The improved little one tax credit score going into impact within the coming days could have large implications for the inventory market, CNBC's Ji [...]
The inventory market can maintain climbing
The inventory market rallied Friday as traders reacted to the worse-than-expected April jobs report, which signifies the Federal Reserve's straight [...]
JC Penney interim CEO sees inexperienced shoots as retailer plots turnaround
An empty parking zone is seen outdoors a closed JC Penney Co. retailer in Mt. Juliet, Tennessee, on Thursday, April 16, 2020.Luke Sharrett | Bloomb [...]
Retailers signal extra short-term leases in a dangerous guess for mall homeowners
Consumers stroll by way of the King of Prussia mall in King of Prussia, Pennsylvania.Jennah Moon | Bloomberg | Getty PicturesRetailers and their la [...]
America’s greatest mall proprietor expects some retailers to develop in 2021
Simon Property Group, the largest mall proprietor within the nation, is anticipating this 12 months to be higher than final, as some retailers begi [...]
Fundamentals matter once more in wake of Reddit craze
Whereas the waves on Wall Road brought on by Reddit merchants seem to have subsided, the advances made within the inventory market this week might [...]
Toys R Us’ final two shops within the U.S. are closed for good
New Toys"R"Us retailer opens at Backyard State Plaza in Paramus, New Jersey.Supply: Tru Children ModelToys R Us has closed the one two shops it had [...]
For Neiman, Saks, Nordstrom, retail battle turns into private
As shops like Saks Fifth Avenue attempt to get customers again into shops after the Covid-19 pandemic shutdowns, the shift to on-line gross sales c [...]