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Simon Reports Strong Q4, Cites Tariff Concerns, Upsides From Saks Global Woes
Yahoo Finance· 2026-02-03 22:28
The Saks Global bankruptcy means disruption across the retail landscape, but from the Simon Property Group’s point of view, there’s also upside. According to David Simon, the chairman, chief executive officer and president of the real estate giant, retailers that don’t make it can be replaced with more productive stores at higher rents. More from WWD “With Off Fifth, their productivity and rents are just so cheap that there’s a tremendous amount of upside,” said Simon, on a conference call after the com ...