The Beverly Center got a $500-million makeover. Will that do in the era of Amazon and outdoor malls? [Los Angeles Times (CA)]
TAUBMAN CENTERS (TCO)
Last taubman centers earnings: 2/10 07:32 am
Check Earnings Report
US:NYSE Investor Relations:
investors.taubman.com
Company Research
Source: Los Angeles Times
The Beverly Center got a $500-million makeover. Will that do in the era of Amazon and outdoor malls? The owners of the Beverly Center in Los Angeles, one of the region’s largest malls, just bet $500 million that people still want to shop indoors. The hulking structure was the height of urban chic when it opened in 1982 in a choice location next to Beverly Hills and West Hollywood, not far from the fashionable Rodeo Drive and Melrose Avenue retail strips. The eight-story mall boasted the first Hard Rock Cafe in the United States and was a magnet for tourists as well as prosperous locals. But tastes changed in recent years in favor of sun-drenched outdoor “lifestyle” centers that combine shopping with dining and entertainment, and many struggling traditional malls opted for makeovers. The Westside Pavilion, another indoor Los Angeles mall dating from the 1980s, is being converted to mostly office space after losing its anchor department stores in an industry shakeout intensified by the
Show less
Read more
Impact Snapshot
Event Time:
TCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TCO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TCO alerts
High impacting TAUBMAN CENTERS news events
Weekly update
A roundup of the hottest topics