Keyword: Simon Property Group
Amazon reveals its first European pop-up, Sears reports another loss of $558 million for the quarter, and more news from the world of retail.
Both Simon Property Management and GGP are bucking the recent trend to close on Thanksgiving and anticipate tenant merchants to open that day.
Aeropostale has been rescued from liquidation by a consortium of vendors, liquidators and mall operators, and more stores than expected will remain open.
Reports of the shopping mall's death are apparently greatly exaggerated. Visits by teens and young adults ticked up this year.
A last-minute bid by a consortium led by property managers has won the auction for Aeropostale assets, and plans to keep 229 stores open and the brand intact.