Simon Closes All Malls Due to Virus
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based Simon Property Group (NYSE: SPG) has announced it has closed more than 200 malls and retail properties in the U.S. due to the coronavirus. The company says after extensive discussions with federal, state and local officials, it felt it was prudent to close the shopping centers to address the spread of COVID-19.
The company says after extensive discussions with federal, state and local officials, it felt it was prudent to close the shopping centers to address the spread of COVID-19.
“The health and safety of our shoppers, retailers, and employees are of paramount importance and we are taking this step to help reduce the spread of COVID-19 in our communities,” said David Simon, chief executive officer and president of Simon.
The coast-to-coast properties will reopen on March 29.
Simon operates several malls throughout Indiana, including Circle Centre, Castleton Square and the Fashion Mall in Indianapolis, Edinburgh Premium Outlet mall, Greenwood Park Mall, Hamilton Town Center, College Mall, Tippecanoe Mall, and University Park Mall in Mishawaka.