Retail

America’s biggest mall owner expects some retailers to grow in 2021

0


Simon Property Group, the biggest mall owner in the country, is expecting this year to be better than last, as some retailers start to think about opening new stores in its malls, and tenants are in a better position to pay their rent on time.

“The [retailers] that want to grow their business are excited,” CEO David Simon said Monday evening during a call with analysts. “The healthy retailers that believe in their business — believe in their plans — are making deals.” He later listed Kohl’s, Dick’s Sporting Goods and Primark as three examples of retailers that his team is in talks with for new locations.

However, he cautioned, “it’s going to take some time” to get back to 2019…



Source cnbc.com

Recovered Covid patients have been reinfected with new virus strains, WHO says

Previous article

Disney, Expedia, Datadog & more

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail