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Simon and Bailian Group to develop a Premium Outlet Center in China
Shanghai, China -- Indianapolis-based Simon Property Group, along with Chinese retail conglomerate Bailian Group, announced plans to jointly develop a branded Premium Outlet Center in Pudong, Shanghai, China.
Simon Property Group is the world's largest developer, owner and operator of outlet shopping centers, with interests in 70 Premium Outlet Centers located in the United States, Japan, South Korea, Malaysia, Mexico and Puerto Rico.
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Shopko and Pamida complete merger, Pamida stores to be converted
Green Bay Wis. -- General merchandise retailers Shopko Stores and Pamida announced Thursday the completion of their previously announced merger that will create a $3 billion company that serves largely rural communities in 22 states.
The combined entity will retain the Shopko name. Shopko will be headquartered in Green Bay and Pamida’s corporate headquarters in Omaha, Neb., will be consolidated into the Green Bay office over the next several months.