Simon Malls news and archive

Simon Property's see 25 percent revenue loss

Mall owner Simon Property Group was brutalized by the height of the coronavirus pandemic with months of temporary store closures. Some tenants have closed stores all together and were unable to pay their rents, costing the company massive revenue declines. On Monday, Simon Property Group reported that quarterly revenue fell 25 percent. This was...

Retail

Seven Untuckit stores to open in Simon Malls

Simon Malls, a retail leader in premier shopping, dining, entertainment and mixed-use destinations, has announced the expansion of its successful alliance with Untuckit and the opening of seven more stores in key locations throughout the U.S. Despite declining mall traffic, Untuckit has managed to find a strong presence for themselves in mall....

Business

Simon Property Group makes bid for Macerich in potential multi-billion dollar deal

If you live in America there is a very high chance that you have been inside of a Simon Mall whether you even knew it or not, because they are wide and varied across the entire U.S. Well, Simon Malls is about to become even more wide and varied across the U.S. if their bid to acquire The Macerich Company goes through. As Simon Property Group...