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Black Friday Weekend Recap
By Ike Boruchow, analyst, Sterne Agee, New York
This year, Black Friday gave us a taste of what to expect for the remainder of the holiday selling season: intense competition, deep discounts, and choppy mall traffic. Earlier store openings drove heavy traffic, which dissipated and then bounced through the day.
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Premium Outlets expands in Johor Malaysia
Johor, Malaysia — Genting Simon, a joint venture between Genting Group and Simon Property Group, has announced the opening of the second phase of Johor Premium Outlets in Johor, Malaysia.
The expansion has added 40 new stores and 100,000 sq. ft. to the center, bringing the store total to 120.