Sentences with phrase «mall owners»

A new technology unveiled this week — with the backing of the largest mall owner in the country — promises to help them turn their visions into reality.

Growth in rental rates and sales, along with the sectors already higher cap rates, puts the B mall owners in a unique position to profit as the economic recovery continues.

Such design changes are paying off for mall owners.

Approximately 50 percent of regional mall owners who participated in the survey indicated they were using free rent to retain tenants, for an average period of four months.

Costs are escalating as mall owners work to keep their real estate up to date and fill the void left by failing stores.

The online service, purchased by mall owners or management, is free for shoppers.

Retailers and mall owners need a customer engagement solution to provide opportunities to digitally engage with shoppers across the path - to - purchase.

However, other mall owners who have used a similar approach say the strategy definitely works.

He said the company has letters of intent from mall owners for seven other locations.

Many mall owners also want to give customers the option to purchase mall gift cards or check balances on existing gift cards on the apps.

While mall owners hope less of that activity might happen in 2018, nobody knows for certain.

The availability of new marketing tools offers many advantages, the most important of which is the ability to reach an ever - widening circle of customers, mall owners say.

But wait — somebody forgot to tell mall owners about the much - predicted doom.

And that was just the start of its transition to a big - time mall owner.

A look at how one of the largest and most successful mall owners fell into bankruptcy and emerged just over one year later.

Retailers and mall owners need a professional services solution to provide the framework for positioning the impact of traffic, conversion, and other key metrics across the organization.

Many mall owners have been thinking about developing property - centered smartphone applications, but were unsure about the way to translate mobile marketing efforts into sales.

One factor that's brought this issue to a head is that while mall owners have been slow to act, some now have no choice.

Simon, the largest U.S. mall owner with 207 properties, is a case in point.

Activist hedge fund Starboard Value LP nominated directors this week to challenge the board of directors of U.S. shopping mall owner Macerich Co, people familiar with the matter said on Wednesday.

Macerich Co., a Santa Monica, Calif. - based regional mall owner with a 74.6 - million - square - foot portfolio, now has Facebook and Twitter accounts for all of its centers.

Meanwhile, the nation's largest regional mall owner Simon Property Group formed a joint venture with Institutional Mall Investors and the California Public Employees» Retirement System (CalPERS) formed a joint venture to own and operate the Shops at Mission Viejo in the Los Angeles suburb of Mission Viejo, Calif., and Woodfield Mall in the Chicago suburb of Schaumburg, Ill..

(Reuters)- Activist hedge fund Starboard Value LP nominated directors this week to challenge the board of directors of U.S. shopping mall owner Macerich Co (MAC.N), people familiar with the matter said on Wednesday.

** Shareholders of U.S. mall owner GGP Inc are upset with Brookfield Property Partners» deal to buy their company.

The Westfield Group, a Sydney, Australia - based mall owner that operates 55 centers in the U.S., has been offering a mobile app throughout its portfolio since last year.

But a proposal by U.S. mall owners Namdar Realty Group and Washington Prime Group Inc that would have kept open a large portion of Bon - Ton locations never materialized.

France's Unibail - Rodamco has agreed to buy shopping mall owner Westfield for $ 15.7 billion, in what would be the biggest takeover of an Australian company on record.

Constrained mall development and the closing or transformation of older malls into other real estate products have convinced major mall owners and developers to spend billions of dollars expanding and renovating their portfolios.

It failed in an effort to take over General Growth Properties Inc. after the second - largest mall owner filed for bankruptcy in 2009.

Mall owners like General Growth Properties have found success by targeting experience - based tenants like gyms, restaurants, movie theaters, amusement - based companies like Dave & Buster's, and even grocery stores.

Retailers and mall owners juggle a variety of data sets to assess store operations, marketing efforts and customer behaviors.

In 2012, the company acquired an interest in European mall owner Klepierre, based in Paris.

Warburg Pincus is investing $ 200 million in the country's largest mall owner at a time when retail sales growth is at a 10 - year low.

Shopping mall owners now eagerly pursue foodservice operators.

Mall owners ask store owners to pay rent.

NEW YORK, July 3 (Reuters)- U.S. strip mall owners struggled with a lack of demand in the second quarter, although limited construction of new space led to a modest improvement in vacancy rates and slightly higher rents, according to a report released on Wednesday.

NEW YORK (Reuters)- U.S. strip mall owners struggled with a lack of demand in the second quarter, although limited construction of new space led to a modest improvement in vacancy rates and slightly higher rents, according to a report released on Wednesday.

Mall owners such as Indianapolis - based Simon Property Group, which has partnered with CNN and others for its in - mall network, and Mills Corp. are taking a similar approach.

Some more encouraging news trickled in today, including mall owner Taubman expressing renewed interest in overseas investment and electronics chain Best Buy announcing plans for more store openings in the third...

In what will likely end up being the biggest single property retail sale of the year, Australian mall owner the Westfield Group struck a deal to take complete ownership of the World Trade Center retail center when the project comes online in 2015.

Many mall owners also view foot traffic counts as proprietary information and refuse to share it with retailers, adds Bill Martin, co-founder of Chicago - based Shopper Trak.

I hope the trend toward public nursing does not convince mall owners not to utilize space and resources on pinot hanaka.

For the last few years mall owners have experimented with social networking campaigns that have grown more sophisticated.

«Financial institutions and investors want to know from mall owners what their answer is to repositioning due to retail sales going down.»

NEW YORK, Dec 7 (Reuters)- Macerich Corp has put 17 non-core malls on the block, according to sources familiar with the matter, a move already taken by other mall owners selling centers producing lower sales.

Most mall owners are reining in new projects and focusing on maximizing profits at existing centers.