After 20 years, national fashion chain will close Kansas City location. Sales underway [Yahoo! Finance]
Simon Property Group, Inc. (SPG)
Last simon property group, inc. earnings: 2/4 07:30 am
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Source: Yahoo! Finance
The store is at 7120 N.W. 86th Terrace, in Zona Rosa, the mixed-use shopping center near Interstate 29 and Barry Road in the Northland. A sales associate told The Star on Monday that they would be closing sometime around early- to mid-June. A clearance sale is already underway, with men's and women's clothes 30% and 50% off. The Zona Rosa location, which opened in 2004, is one of 95 stores Express has said it will close. The chain hasn't announced any plans to close its other metro-area stores at Oak Park Mall, the Country Club Plaza, or the Legends Outlets Kansas City. Founded in 1980, Express has struggled in recent years to compete with fast-fashion upstarts like Zara and adapt to the post-pandemic shift away from office wear to more casual attire. The mall-era stalwart has said it plans to sell to a new ownership group that includes WHP Global, Brookfield Properties and Simon Property Group. This embedded content is not available in your region.
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News
- Simon® Reinvesting in Houston's The Galleria™, One of the Most Iconic, Luxurious Shopping Centers in the U.S. [Yahoo! Finance]Yahoo! Finance
- Simon® Reinvesting in Houston's The Galleria™, One of the Most Iconic, Luxurious Shopping Centers in the U.S.PR Newswire
- Simon Property Group, Inc. (NYSE: SPG) had its price target raised by analysts at Scotiabank from $142.00 to $152.00. They now have a "sector perform" rating on the stock.MarketBeat
- Simon Sells ABG Stake, Eyes Express Despite Cooling Retail Holdings [Forbes]Forbes
- Simon Property Group: Still A Buy For Long-Term Dividend Growth Investors [Seeking Alpha]Seeking Alpha
SPG
Earnings
- 5/6/24 - Beat
SPG
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- SPG's page on the SEC website