The United States’ largest mall owner announced that it has been seeing strong growth in traffic during an earnings call on Monday, but is still cautious in its outlook. The company’s revenues fell 0.08% in Q1.
Search results
Refine search Content type
136 published items with the word (s) or phrase Simon Property Group in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
-
![]( "Simon Property Group is cautiously optimistic in light of positive traffic trends")
Simon Property Group is cautiously optimistic in light of positive traffic trends -
![]( "Athene to take over $2.8 billion in J.C. Penney pension obligations")
Athene to take over $2.8 billion in J.C. Penney pension obligationsJ.C. Penney Co Inc said on Thursday it has agreed to transfer its pension obligations to annuities provider Athene Holding Ltd, ensuring that the chain's retired employees will continue to get their benefits.
-
![]( "Simon Property forecasts higher annual profit as rent collection improves")
Simon Property forecasts higher annual profit as rent collection improvesSimon Property Group Inc forecast a rise in its 2021 profit on Monday as the U.S. mall operator benefits from improving rent collection and a recovery in the retail industry, pushing its shares up 2% in extended trading.
-
![]( "JC Penney CEO Soltau to exit, search for new chief begins")
JC Penney CEO Soltau to exit, search for new chief beginsAmerican department stores giant JC Penney Co said Wednesday that its new owners have begun a search for a CEO to replace Jill Soltau who exits at the end of this month.
-
![]( "New executive team drives relaunch of Brooks Brothers")
New executive team drives relaunch of Brooks BrothersJust three months after being acquired by new owners, Brooks Brothers is off to a fresh start under the aegis of Ken Ohashi and Michael Bastian, its new president and newly appointed creative director, respectively.
-
![]( "J.C. Penney's retail and operating assets to exit Chapter 11")
J.C. Penney's retail and operating assets to exit Chapter 11J.C. Penney Co Inc said on Monday its retail and operating assets would exit Chapter 11 as two of its biggest landlords, Simon Property Group and Brookfield Asset Management Inc, have acquired nearly all such assets.
-
![]( "J.C. Penney receives approval for plan to create separate PropCos")
J.C. Penney receives approval for plan to create separate PropCosAs the Texas-based department store retailer continues on its path out of bankruptcy, it has received court approval for a restructuring plan involving the creation of separate property holding companies.
-
![]( "Simon Property cuts purchase price for Taubman stake amid Covid hit")
Simon Property cuts purchase price for Taubman stake amid Covid hitSimon Property Group, the biggest U.S. mall operator, will cut its purchase price for an 80% stake of rival Taubman Centers by 18%, both companies said on Sunday, as the coronavirus upends the retail industry sector.
-
![]( "J.C. Penney rescue deal approved in bankruptcy court")
J.C. Penney rescue deal approved in bankruptcy courtA U.S. judge on Monday approved a deal to rescue J.C. Penney from bankruptcy proceedings precipitated by the coronavirus pandemic, averting a liquidation that would have put the department store chain out of business.
-
![]( "True Religion exits bankruptcy, announces reorganization")
True Religion exits bankruptcy, announces reorganizationLA-based denim brand True Religion successfully emerged from Chapter 11 bankruptcy proceedings on Monday, under a court-approved plan of reorganization.