The departure of large retail anchor tenants like Toys "R" Us in a market with fewer expanding big-box players surely causes concerns for shopping center owners and operators.
Global apparel giant Zara has taken the wraps off its transformed flagship at Westfield Stratford mall in London, debuting a format that revolutionizes the in-store shopping experience.
Today's results are proof not only that Walmart is making gains in its day-to-day business, but that it is now a company firmly in the midst of a dramatic transition.
It’s one of the world’s biggest mall owners, so it’s not surprising that Simon Property Group is investing a fortune in new experiences for its shoppers.