The Biggest Mall Owner In The US Could Be The One To Save Retailers On The Cusp Of Going Out Of Business

The biggest mall owner in the U.S., Simon Property Group, on Wednesday said it’s considering more opportunities where it would invest in a retailer to help keep it afloat. “I think it’s very possible — we’re going to be very smart about it,” Simon CEO David Simon said on a post-earnings conference call when asked if he would consider investing in more of the landlord’s tenants. “We’re certainly as good as the private-equity guys when it comes to retail investment. And so, I wouldn’t rule it out.” “We’ll work together on other distressed situations.” But, he added, “we’re only going to buy into companies that we think have brands and that have the volume that is worth doing it.” Click to read more at