Kimco is a real estate investment trust (REIT), specializing in the acquisition, development, and management of open-air shopping centers anchored by grocery tenants. Kimco also focuses on retailers offering name-brand clothing at discount prices, such as TJ Maxx and Nordstrom Rack. Kimco owns equity interests in over 400 shopping centers in the United States. The shares are included in the S&P 500.
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