Simon to close most of its malls on Thankgsiving
November 4, 2022
Simon Property Group will close all its malls on Thanksgiving Day except for two in Las Vegas. The largest mall owner in the U.S. previously closed all its malls in 2020 and 2021.
Recent News
Shopify’s Stock Plummets 19% After Earnings Report
Shopify, the Canadian e-commerce company, faced a significant drop in its stock value after releasing its first-quarter results.
Peloton Stocks Soar 14% Amidst Potential Private Equity Buyout
Peloton has been struggling since the pandemic ended. Now, it may be getting a reprieve.
Panera Halts Sales of ‘Charged Sips’ at Heart of Lawsuits
Panera’s Charged Sips allegedly caused two deaths, and now they’re being pulled from the chain’s menus.
Rivian’s Losses Reach $1.45 Billion Amid Ongoing Cost-Reduction Efforts
In the first quarter, Rivian reported a loss of $1.45 billion, showing that its recent efforts to cut costs across the company will need further progress before turning over profits.