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Simon Says It Hopes To Save Struggling Mall Retailers

PYMNTS

said Wednesday (July 31) it is considering retail investment as it looks to keep stores in the black, according to CNBC. “I I think it’s very possible — we’re going to be very smart about it,” Simon CEO David Simon said on a post-earnings conference call. retailers so far this year than in all of 2018.

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Simon CEO Won’t Promise Tough Retail Times Are Over

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While the CEO of the country’s biggest mall owner thinks that retail store closures will slow down this year, he added that he “can’t guarantee it.”. “I I think most of the bad news is behind us,” Simon Property Group CEO David Simon told analysts on a post-earnings conference call Tuesday (April 30), according to CNBC.

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