The mall, which holds the Guinness World Record for being the world’s biggest
, was shuttered on March 25, along with all others in the United Arab Emirates, as authorities battled to contain the coronavirus outbreak. Many of its outlets went online
But after weeks of strictly enforced lockdown and more than one million people in the UAE tested for coronavirus, according to the government, a phased, cautious reopening of Emirati malls began on April 28.
With new limits on trading hours and visitor numbers, Dubai Mall is back in business. But keeping people safe in one of the … Read More
Simon Property Group, which has 204 properties in 37 states, said late Monday that 199 of its shopping centers have reopened — even as concerns grow about a second wave of Covid-19 cases
in the United States and a deluge of retail bankruptcies
It expects the remaining five properties to reopen sometime within the next week. These malls collectively have more than 18,000 stores, and according to Simon, many of them have reported better-than-expected sales since reopening.
Shares of Simon (SPG)
were flat in midday trading Tuesday on the news. That followed a more than 10% spike
… Read More