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Simon Says ‘How Ya Like Me Now?’
Summary by Commercial Observer
1 Articles
1 Articles
Simon Says ‘How Ya Like Me Now?’
In the depths of the pandemic just a few short years ago, malls and brick-and-mortar retail in general were in dire straits, with mounting closures (and prominent bankruptcies such as Sears and Toys R Us), disappearing foot traffic, and the seemingly unstoppable rise of e-commerce. Even Simon Property Group, or SPG, a giant in the sector with 232 locations globally, saw a 20 percent cash flow decline during a tumultuous 2020 and sued one of its…
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