Simon Property Group closing all of its malls due to coronavirus starting 7 p.m. Wednesday

[mahatmakanejeeves]

Source: USA Today

Money

Simon Property Group closing all of its malls due to coronavirus starting 7 p.m. Wednesday

Kelly Tyko
USA TODAY

Published 3:18 p.m. ET Mar. 18, 2020 | Updated 4:59 p.m. ET Mar. 18, 2020

Simon Property Group, the largest owner of shopping malls in the nation, is closing all of its malls and retail properties because of the coronavirus outbreak.

The closings start at 7 p.m. local time Wednesday and the malls are expected to end March 29, the Indianapolis-based company said in a news release.

The closings come after several department stores from Macy's, J.C. Penney to Nordstrom and other mall brands including Gap, Victoria's Secret and Sephora, have announced they are also temporarily closing locations.

In a statement, the company said the decision came after "extensive discussions with federal, state and local officials and in recognition of the need to address the spread of COVID-19."

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Follow USA TODAY reporter Kelly Tyko on Twitter: https://twitter.com/KellyTyko

Read more: https://www.usatoday.com/story/money/2020/03/18/coronavirus-mall-closings-simon-closing-malls-starting-wednesday/2867904001/

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Hat tip, Joe.My.God:

CLOSING: Shopping Malls, Auto Factories, Ikea, Macy’s
March 18, 2020

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Simon malls closing across United States in response to coronavirus pandemic

[MissB]

1. Only bummer is that these are used for walkers

But even those folks may not be using the malls for that purpose right now.

[NurseJackie]

2. Closing at 7pm and REMAINING CLOSED until further notice? Or 7pm is the new closing time?

[mahatmakanejeeves]

3. "Closing" as in closing. NT

[NurseJackie]

4. I guess my local mall isn't one of their properties...

https://www.simon.com/mall/st-charles-towne-center

[mahatmakanejeeves]

5. Crossed wires somewhere. They'll have to clarify that. Thanks for pointing that out. NT

[turbinetree]

6. Well what do we all think now of this future recession coming...............

think $2,000 bucks is going to cover the costs.................................hold on

[LiberalFighter]

7. I heard it on Rachel Maddow and local news didn't have anything about it

even though one of their properties is in our town.

[mahatmakanejeeves]

8. Pentagon City Mall Has Closed Temporarily

NEWS

Pentagon City Mall Has Closed Temporarily

ARLnow.com Today at 9:30am

The Fashion Centre at Pentagon City closed last night and is expected to remain closed until at least the end of the month.

Mall owner Simon Property Group announced yesterday that it would close all of its U.S. shopping centers, including the Pentagon City mall, which has one of the company’s busiest and most profitable food courts.

More from the announcement:

{snip}

[pstokely]

9. why only until March 29?

Last edited Thu Mar 19, 2020, 01:37 PM - Edit history (1)

instead of a couple of months or longer as needed

[mahatmakanejeeves]

10. Because everyone has bills to pay. NT