Moreno Valley Mall closed over "unresolved, life-threatening" code violations [CBS News]
Macy's Inc (M)
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Source: CBS News
The city said the Riverside County Fire Department deemed the shopping center unsafe because of fire code violations that the property owner failed to correct. Most of the businesses at the mall have been closed, with no concrete reopening date in sight. Neither the city nor Riverside County Fire gave the specific codes the mall violated. "The duration of the temporary closure depends entirely on how quickly the property owner addresses and resolves the identified life-safety concerns," city staff wrote on their webpage on the closure. Macy's and JCPenney have been allowed to remain open because they are independently owned buildings that have passed inspections. Harkin's Theaters will also be allowed to remain open after the staff changed their "normal business practices," according to the city. Diego Bressant said he just got the keys to his new gym on Feb. 1. He said he's been fielding calls and messages from upset customers hoping to use his facility. "We're just answ
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M
News
- Macy's (NYSE:M) had its "neutral" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Notorious dead mall in Westminster is on track for redevelopment [Los Angeles Times (CA)]Los Angeles Times
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- Warby Parker appoints Adrian Mitchell as CFO [Seeking Alpha]Seeking Alpha
- Weak freight demand triggers facility closures, job cuts across supply chain [Yahoo! Finance]Yahoo! Finance
M
Earnings
- 12/3/25 - Beat
M
Sec Filings
- 2/18/26 - Form 8-K
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- M's page on the SEC website