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Retail traffic report his mall names; Kimco down 5%

  • According to Bloomberg Intelligence analyst Poonam Goyal, retail traffic tumbled 8.1% in the week leading up to July 4.
  • Abercrombie & Fitch, Macy’s, J.C. Penney, Tailored Brands and Nordstrom reported slides in traffic and sales, says Goyal, noting those players are among the tenants of Kimco (KIM -5.2%) and General Growth Properties (GGP -3.1%).
  • Retail Properties (RPAI -3.2%), DDR (DDR -3.1%), Tanger Factor (SKT -3.3%), Kite Realty (KRG -3.1%), CBL & Associates (CBL -2.8%), Weingarten Realty (WRI -3.4%), PREIT (PEI -3.5%), Simon Property (SPG -3%), Macerich (MAC -2.8%)

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Kimco Realty Corporation