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America's biggest mall owner thinks it may be a somewhat more jolly holiday season for retailers...

America's biggest mall owner thinks it may be a somewhat more jolly holiday season for retailers than they think. David Simon of Simon Property Group (SPG) says some retailers have been too conservative about inventory after the previous year's heavy markdowns.
Comments (3)
  • E Thomas St.
    , contributor
    Comments (139) | Send Message
     
    David Simon is hoping that the holiday season is more jolly because his business depends on it.
    16 Sep 2009, 11:56 AM Reply Like
  • E Thomas St.
    , contributor
    Comments (139) | Send Message
     
    I'll go a step further...He wants retailers to believe that they'll have a better season so he can lock them into leases and build comps off that before some of his lessees go tits up and provide more space.
    16 Sep 2009, 12:03 PM Reply Like
  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    The mall rats probably have a lot of pent up urges to shop.
    Only 100 odd days left till Christmas.
    Time for Wal-Mart to sack the garden department and turn it into a plastic Santa Claus land.
    16 Sep 2009, 12:19 PM Reply Like
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