- American City Business Journals•7 days ago
Although Mall of America in Minnesota announced it will remain closed on Thanksgiving Day this year, most representatives with some of the biggest Houston-area malls said their shopping centers will open the evening of Nov. 24. The Galleria and Katy Mills , both owned by Indianapolis-based Simon Property Group Inc. (SPG), will be open from 6 p.m. Nov. 24 until 1 a.m. Nov. 25. Both centers will reopen at 6 a.m. on Black Friday, the day after Thanksgiving.
- Forbes•9 days ago
Amid growing evidence that staying open on Thanksgiving has diluted Black Friday sales, it's become clear to some retailers that the financial benefits haven't kept pace with the strain on employees. The decisions by mall operator CBL and a growing list of retailers to take the holiday off is a smart move, both for employees, and potentially the bottom line.
CBL & Associates Properties Inc. (CBL)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||12.11 x 17900|
|Ask||12.12 x 8200|
|Day's Range||12.02 - 12.25|
|52wk Range||8.86 - 15.59|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||28.19|
|Avg Vol (3m)||2,974,167|
|Dividend & Yield||1.06 (8.75%)|