Owner looking for opportunities for struggling mall [Yahoo! Finance]
Bath & Body Works, Inc. (BBWI)
Company Research
Source: Yahoo! Finance
However, a representative of the owner reiterated the company's continued support this week for the struggling Beltline Road Southwest mall. John G. Mulherin, vice president of Decatur Mall owner Hull Property Group, said the company "will continue to operate a first-class mall." Mulherin said he believes Decatur Mall can become a thriving facility if the company keeps it clean and attractive to possible tenants. "We will not allow it to disintegrate by putting the wrong tenant in it," Mulherin said. "There will be opportunities if we are good stewards of the property." Bath & Body Works, a personal care and home fragrance store, closed its mall store on April 20. Manager Lindsay Persad said the store will reopen May 10 next to PetSmart at The Crossings of Decatur. This is the latest major loss for the mall in recent years. Electronics Express moved out in December. Belk closed its Home Store last year, and Bed, Bath & Beyond closed in 2021. The mall is down to 14 stores.
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News
- 2/3 of Village Mall sold at auction [Yahoo! Finance]Yahoo! Finance
- Bath & Body Works Declares Cash DividendGlobeNewswire
- Bath & Body Works, Inc. (NYSE: BBWI) was upgraded by analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating. They now have a $53.00 price target on the stock, up previously from $40.00.MarketBeat
- Victoria’s Secret Fashion Show will return in the fall after four-year hiatus [MSNBC.com]MSNBC.com
- IKEA & 3 Other Retailers Are Slashing Prices: 12 Items To Buy Now To Save Money [Yahoo! Finance Canada]Yahoo! Finance Canada
BBWI
Earnings
- 2/29/24 - Beat
BBWI
Sec Filings
- 5/15/24 - Form DEFA14A
- 5/15/24 - Form ARS
- 5/15/24 - Form DEF
- BBWI's page on the SEC website