Simon Property – News Stories About Simon Property - Page 1

Amazon May Turn Empty Mall Stores Into Fulfillment Centers

Where Old Mall Stores Move
Out, Amazon Looks to Move In

Aug 10, 2020 5:21 AM CDT

Where Old Mall Stores Move Out, Amazon Looks to Move In

Retailer is in talks to turn old Sears, JC Penney sites it helped drive out into fulfillment centers

(Newser) - That depressing, empty Sears or JC Penney at your local shopping mall? Amazon may soon turn it into a fulfillment center. Simon Property Group Inc., the largest mall owner in the US, is in talks with the online retailer on the matter, the Wall Street Journal reports. If the deal...

How 49 Malls
Will Manage to
Open by Monday

Apr 29, 2020 10:40 AM CDT

How 49 Malls Will Manage to Open by Monday

Simon Property Group reopening them in 10 states

(Newser) - Some of the urinals will apparently be taped off, but shoppers in 10 states should be able to return to 49 malls operated by Simon Property Group between Friday and Monday. Several media outlets have obtained an April 27 memo put out by the company and shared with retailers that...

Starbucks Sued Over Plan to Close Teavana

Starbucks Sued
by Nation's Biggest
Mall Operator

Aug 29, 2017 5:47 AM CDT

Starbucks Sued by Nation's Biggest Mall Operator

Simon Property says company's plan to close Teavana stores will violate mall leases

(Newser) - America's largest shopping mall operator is suing Starbucks—over its tea. Last month, Starbucks announced it would close all 379 of its Teavana stores next year. But in a lawsuit filed last week in Indianapolis, Simon Property Group says the closures are actually scheduled to take place before the...

This Man Makes
More Than You
Would in 3.5K Years

This Man Makes More Than You Would in 3.5K Years

David Simon's 2011 pay package worth more than $137M

(Newser) - You might want to wait to read this until you're somewhere it's OK to scream: It would take the average American worker 3,489 years to make as much money as one top CEO took home in just one year. David Simon of shopping mall developer Simon Property...