• Gap Inc. October 22, 2020 11:36 pm

    Gap Inc. Exiting Malls, to Shutter 350 Stores by 2024

    Gap Inc. is moving away from the nation’s malls. The San Francisco-based brand was for decades a fixture at shopping malls around the country. Now it says it’s closing 220 stores by early 2024. The parent company is also shuttering 130 Banana Republic stores.

  • malls August 11, 2020 1:37 pm

    Grocery Stores Might Be the Next Big Thing to Move Into Malls

    As consumer shopping habits change, America’s shopping malls have anointed many saviors: food halls, movie theaters, gyms. Grocery stores could be next on the list.  Simon Property Group, the largest mall owner in the U.S., hinted at the idea on an earnings call Monday evening. The comments came on the heels of a report that said Amazon was in talks with Simon to...

  • coronavirus June 10, 2020 6:59 pm

    Copley Place, South Shore Plaza Among Mass. Malls Reopening Wednesday

    Nine Massachusetts malls owned by Simon, the country’s biggest mall owner, reopened on Wednesday after being closed for months due to the coronavirus lockdown. Simon made the announcement on Wednesday as well, publishing a “COVID-19 Exposure Control Policy,” which the property group said was developed with experts who work in epidemiology and environmental health and safety. The properties that...

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