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The biggest US mall owner is doubling down on retail even as the industry struggles

Simon Property Group is on a buying spree with deals for mall owner Taubman and teen retailer Forever 21. Other mall operators are having a hard time simply keeping their doors open......»»

Category: topSource: moneycentralFeb 15th, 2020

Country’s Biggest Mall Owner Warns Retail Apocalypse May Not Be Over

Simon Property Group looks at alternative ways to fill shopping centers. While 2018 saw a large number of retailers filing bankruptcy and.....»»

Category: europeSource: fortuneFeb 1st, 2019

King of Prussia Mall owner Simon acquires another major mall chain

Simon Property Group Inc. (NYSE: SPG) will indeed acquire Taubman Centers Inc. in a deal foreshadowed by reports in early February.  As the biggest mall owner in the U.S., Simon plans to fund the $3.6 billion acquisition of fellow mall-owner Taub.....»»

Category: topSource: bizjournalsFeb 11th, 2020

Major U.S. mall giant to acquire owner of Cherry Creek Shopping Center for $3.6B

Simon Property Group Inc. (NYSE: SPG) will indeed acquire Taubman Centers Inc. in a deal foreshadowed by reports in early February.  As the biggest mall owner in the U.S., Simon plans to fund the $3.6 billion acquisition of fellow mall-owner Taubm.....»»

Category: topSource: bizjournalsFeb 10th, 2020

Simon Property Group to acquire another major mall owner

Simon Property Group Inc. (NYSE: SPG) will indeed acquire Taubman Centers Inc. in a deal foreshadowed by reports in early February.  As the biggest mall owner in the U.S., Simon plans to fund the $3.6 billion acquisition of fellow mall-owner Taubman .....»»

Category: topSource: bizjournalsFeb 10th, 2020

The rise of Amazon has led to a split between thriving and struggling malls

In the 2010s, mall owners had to navigate the growth of Apple's iPhone, Amazon's ascent and department stores' demise, among other structural shifts across the retail industry......»»

Category: realestateSource: cnbcDec 19th, 2019

Car industry"s biggest-ever upheaval claims thousands more jobs

Daimler, the owner of Mercedes-Benz, is cutting at least 10,000 jobs around the world, making it the latest carmaker to shed workers as the industry races toward its electric future......»»

Category: topSource: moneycentralNov 29th, 2019

Car industry"s biggest-ever upheaval claims thousands more jobs

Daimler, the owner of Mercedes-Benz, is cutting at least 10,000 jobs around the world, making it the latest carmaker to shed workers as the industry races toward its electric future......»»

Category: topSource: moneycentralNov 29th, 2019

Daimler job cuts: The car industry"s biggest-ever upheaval claims thousands more jobs

Daimler, the owner of Mercedes-Benz, is cutting at least 10,000 jobs around the world, making it the latest carmaker to shed workers as the industry races toward its electric future......»»

Category: topSource: moneycentralNov 29th, 2019

Daimler job cuts: The car industry"s biggest-ever upheaval claims thousands more jobs

Daimler, the owner of Mercedes-Benz, is cutting at least 10,000 jobs around the world, making it the latest carmaker to shed workers as the industry races toward its electric future......»»

Category: topSource: moneycentralNov 29th, 2019

LVMH and Tiffany enter talks after LVMH boosts offer

LVMH and Tiffany & Co. entered talks after the French owner of Louis Vuitton boosted its offer for the U.S. jeweler in an effort to clinch the biggest acquisition ever in the luxury-goods industry, according to people familiar with the matter......»»

Category: topSource: moneycentralNov 21st, 2019

As "Cannabis 2.0" kicks off in Canada, industry strangled by limited retail outlets

Loui Anastasopoulos, an executive from the owner of the Toronto Stock Exchange, talks about cannabis companies that have gone on the stock market.....»»

Category: videoSource: reutersOct 17th, 2019

IKEA"s online sales surge 43%

IKEA's online sales surged 43% in the 12 months to the end of August, helping to drive overall retail sales at the world's biggest furniture group 6% higher, based on local currencies, brand owner and franchisor Inter IKEA said on Wednesday......»»

Category: topSource: reutersSep 25th, 2019

Biggest rivals secretly fund a campaign to take down Amazon

Walmart, Oracle and mall owner Simon Property Group are secret funders behind a nonprofit that has been highly critical of the e-commerce giant......»»

Category: topSource: moneycentralSep 20th, 2019

American"s biggest mall owner could save struggling retailers

Mall owner Simon Property Group on Wednesday said it's considering more opportunities where it would invest in a retailer to help keep it afloat......»»

Category: topSource: moneycentralJul 31st, 2019

American"s biggest mall owner could save struggling retailers

Mall owner Simon Property Group on Wednesday said it's considering more opportunities where it would invest in a retailer to help keep it afloat......»»

Category: topSource: moneycentralJul 31st, 2019

The biggest mall owner in the US could be the one to save struggling retailers

Mall owner Simon Property Group on Wednesday said it's considering more opportunities where it would invest in a retailer to help keep it afloat......»»

Category: topSource: moneycentralJul 31st, 2019

Maui retail complex seeks OK to add Safeway gas station

The owners of the Safeway-anchored Lahaina Cannery Mall are seeking approvals to add a Safeway gas station and convenience store to the West Maui retail complex. Lahaina Cannery Retail Owner L.P., an affiliate of California-based U.S. Realty Part.....»»

Category: topSource: bizjournalsApr 12th, 2019

One Year Later: Clifton Park mall owner wants to build apartments

The owner of Clifton Park Center has a plan to build apartments with ground-level retail near the mall entrance......»»

Category: topSource: bizjournalsApr 8th, 2019

The CEO of China"s second-biggest e-commerce company predicts robots will replace human retail workers within a decade

Aly Song / Reuters "Sooner or later, our entire industry will be operated by AI (artificial intelligence) .....»»

Category: topSource: businessinsiderApr 17th, 2018

How The Rock helped The Maui Cookie Lady expand her business

The owner of The Maui Cookie Lady recently signed with retail website Goldbely to sell her handmade cookies on the site, thanks to one of her biggest fans — The Rock, the actor also known as Dwayne Johnson. Mitzi Toro had sent a basket of her cooki.....»»

Category: topSource: bizjournalsApr 12th, 2018