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Tag: Simon

In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property Group

Lucky Brand has negotiated a two-pronged primary asset purchase agreement, also known as a “stalking horse” bid, to sell its operating assets to SPARC Group LLC (SPARC), a jointly owned entity of Authentic Brands Group (ABG) and mall owner Simon Property Group, and Lucky Brand’s intellectual property assets to ABG-Lucky LLC, a newly formed subsidiary …

In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property GroupRead More

Simon Property furloughs 30% of workers due to coronavirus

A visitor looks down an empty hallway at The Fashion Mall at Keystone, Wednesday, March 18, 2020, in Indianapolis. Simon Property Group, the largest owner of shopping malls in the nation, is closing all of its malls and retail properties because of the coronavirus outbreak. Darron Cummings | AP The biggest U.S. mall owner, Simon …

Simon Property furloughs 30% of workers due to coronavirusRead More

I joined Tesco for a stress-free life but now I’m on the coronavirus frontline | Simon Lord | Opinion

I joined Tesco seven years ago this week, after a disastrous 12 months working as a manager for a small business in which I was bullied by the owner. I deliberately looked for as simple a role as possible where all I had to do was clock in, do my shift, clock out and go …

I joined Tesco for a stress-free life but now I’m on the coronavirus frontline | Simon Lord | OpinionRead More

The biggest US mall owner Simon Property Group is doubling down on retail

Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Simon Property Group is on a buying spree as America’s mall operators grapple with declining foot traffic and some struggle to keep their doors open. The biggest mall owner in the U.S. is close to …

The biggest US mall owner Simon Property Group is doubling down on retailRead More

Simon Property Group to acquire Taubman Centers for $3.6B in cash

Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Taubman Centers shares skyrocketed Monday after the mall owner agreed to be bought by larger rival Simon Property Group in a deal valued at $3.6 billion. The companies said Simon plans to acquire Taubman’s stock for …

Simon Property Group to acquire Taubman Centers for $3.6B in cashRead More

Simon expands partnership with omnichannel returns platform

A major mall operator is accepting returns of online purchases at more locations. Simon is now providing the Happy Returns service, which enables shoppers to return online purchases at guest services counters for immediate refunds, at 52 malls across the country. The company began partnering with Happy Returns, a third-party online return and exchange platform, …

Simon expands partnership with omnichannel returns platformRead More

Simon expands partnership with omnichannel returns platform

A major mall operator is accepting returns of online purchases at more locations. Simon is now providing the Happy Returns service, which enables shoppers to return online purchases at guest services counters for immediate refunds, at 52 malls across the country. The company began partnering with Happy Returns, a third-party online return and exchange platform, …

Simon expands partnership with omnichannel returns platformRead More

Calling all gamers: Simon to open 13,000-sq. ft. esports venue

A fast-growing sporting activity watched and played around the world is putting down roots in the largest shopping destination in the Southeast.  Simon and Allied Esports, an esports entertainment company, announced that Mall of Georgia, in Buford, Ga., will be the location for the companies’ first dedicated esports venue as part of its previously announced …

Calling all gamers: Simon to open 13,000-sq. ft. esports venueRead More

Ex-Walmart US CEO Bill Simon on how tech can shape retail in the 2020s

The impact of technology on brick-and-mortar retail is just getting started as the 2020s arrive, former Walmart U.S. President and CEO Bill Simon said Tuesday. And it may mean that by the end of the decade the days of carrying a pile of clothes into a dressing room are gone. “Could we have virtual changing …

Ex-Walmart US CEO Bill Simon on how tech can shape retail in the 2020sRead More

Simon: Malls are greener than online stores

A new study from mall operator Simon indicates that shopping online is not so environmentally friendly. The study, conducted with Deloitte, shows that mall shopping can be up to 60% more environmentally sustainable than online shopping. According to Simon and Deloitte, factors including increased returns and additional packaging contribute to e-commerce’s negative environmental impact. In …

Simon: Malls are greener than online storesRead More