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Will Sales-Boosting Initiatives Drive Simon Property’s Q2 2018?

Andrew Brunton
Will Sales-Boosting Initiatives Drive Simon Property’s Q2 2018?

Simon Property Group (SPG) is undertaking omni-channel retailing and portfolio-restructuring initiatives to maintain traffic amid the retail crisis. The company’s revenue losses due to some retailers leaving malls could more than offset the benefits it’s derived from its sales-boosting initiatives. Retail stores are experiencing falling traffic and sales as consumers turn away from visiting malls in favor of online shopping.