What Retailers Can Learn From Express' Trip Through Bankruptcy [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 retailer closed on its deal to exit bankruptcy on Monday, ending a three-month stay in Chapter 11. The business is now owned by Phoenix Retail, a joint venture owned by brand management firm WHP Global, which already had a controlling stake in the brand name, and mall owners Simon Property Group and Brookfield Properties. More from WWD Express to Be Bought Out of Bankruptcy for $174M Oka Winds Down U.S. Business Amid Market Woes Bankrupt Express Is on the Fast Track of Settling Leases When the $174 million deal was approved by the court this month, Yehuda Shmidman, chairman and chief executive officer of WHP Global, said it would save 7,000 jobs and 450 stores. Ian Fredericks , president and chief operating officer of Hilco Consumer — Retail, had a front row seat to the often painful chapter that Express just ended, and said it offers lessons for other fashion companies navigating a tricky consumer landscape. Hilco is perhaps best known for its business helping stor
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SPG
News
- Simon Property Group, Inc. (NYSE: SPG) was downgraded by analysts at Piper Sandler from a "strong-buy" rating to a "hold" rating.MarketBeat
- Introducing ShopSimon™: Brands You Love. On Sale. 24/7. [Yahoo! Finance]Yahoo! Finance
- Introducing ShopSimon™: Brands You Love. On Sale. 24/7.PR Newswire
- Simon® to Present at BofA Securities 2024 Global Real Estate ConferencePR Newswire
- Retail REITs: Steady consumer spending underpinned improved Q2 demand for shopping spaces [Seeking Alpha]Seeking Alpha
SPG
Earnings
- 8/5/24 - Miss
SPG
Sec Filings
- 8/30/24 - Form 4
- 8/30/24 - Form 4
- 8/30/24 - Form 4
- SPG's page on the SEC website