Malls are 'Thriving', Fueling Strong Holiday Shopping Season -- Market Talk

Dow Jones

2024/12/03

1321 ET - Simon Property Group says the holiday shopping season got off to a remarkably strong start. Visits to its portfolio of malls, outlet centers and mixed-used destinations were up 6.4% over the holiday weekend compared with last year. Malls performed the best out of Simon's portfolio, with visits up 7.1% year-over-year. "Popular brands throughout our portfolio reported double-digit sales increases over the weekend compared to last year," CEO David Simons says. "Coast to coast, we saw lines prior to opening and throughout the day at many of our centers across the country." (connor.hart@wsj.com)

(END) Dow Jones Newswires

December 02, 2024 13:21 ET (18:21 GMT)

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Visits to its portfolio of malls, outlet centers and mixed-used destinations were up 6.4% over the holiday weekend compared with last year. 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Visits to its portfolio of malls, outlet centers and mixed-used destinations were up 6.4% over the holiday weekend compared with last year. Malls performed the best out of Simon's portfolio, with visits up 7.1% year-over-year. \"Popular brands throughout our portfolio reported double-digit sales increases over the weekend compared to last year,\" CEO David Simons says. \"Coast to coast, we saw lines prior to opening and throughout the day at many of our centers across the country.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","SPG":"西蒙地产","BK4585":"ETF&股票定投概念","BK4231":"零售房地产信托","BK4080":"零售业房地产投资信托"},"translate_title":"商场“欣欣向荣”，推动强劲的假日购物季——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPG":0.9},"content_text":"1321 ET - Simon Property Group says the holiday shopping season got off to a remarkably strong start. Visits to its portfolio of malls, outlet centers and mixed-used destinations were up 6.4% over the holiday weekend compared with last year. Malls performed the best out of Simon's portfolio, with visits up 7.1% year-over-year. \"Popular brands throughout our portfolio reported double-digit sales increases over the weekend compared to last year,\" CEO David Simons says. \"Coast to coast, we saw lines prior to opening and throughout the day at many of our centers across the country.\" (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 02, 2024 13:21 ET (18:21 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}