Month: June 2022

‘National Outlet Shopping Day’: As inflation surges, mall owner creates new sales holiday

Simon Property Group said the event is for people seeking deep discounts – like an Amazon Prime Day but for retail outlets.

AUSTIN, Texas — During the pandemic, a lot of people turned to online shopping, but sometimes that can be predictable and expected.

As consumers feel the pinch of inflation, the biggest shopping mall owner in the country, Simon Property Grouphas devised a new annual sales event dubbed National Outlet Shopping Day (NOSD), which kicked off on Saturday, June 11.

This campaign aims to raise efforts to increase in-person shopping – like an Amazon Prime Day but for retail outlets. It will run at the real estate owner’s 90 premium outlets and Mills-branded outlet properties in the US

“Our sales have actually exceeded pre-COVID numbers for several of our brands last year, and we’ve seen that consistently throughout this year as well,” said Monica Esparza, director of marketing

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The Resolution To Buy Your Marriage ceremony Flowers Online

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Google Play is among the best in the case of letting you entry your content from anyplace – it robotically stores your videos in your Google Play library, which might be accessed from any pc. If you’d like downloads straight on to your laptop, you possibly can authorize as much as ten units to download material to. Sounds great. I love antique buying, but a whole lot of the shops right here in London have closed down over recent years or moved onto the internet. Me and lots of different individuals also consider the identical irrespective of how fat you might be you’ll be able to still gown properly … Read more

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Brixmor Property: Run To This Shopping Center Landlord (NYSE:BRX)

Smiling young woman jogging near lake on sunny day

The Good Brigade/DigitalVision via Getty Images

REITs had a decent run in the 12 months leading up to May, and that’s when everything started to fall apart. Concerns of mounting inflation, rising rates, and tenant profitability have put a damper in the share prices of many REITs, and the shopping center segment has not been immune to this.

This brings me to Brixmor Property Group (NYSE:BRX), which has seen material share price weakness in recent weeks. In this article, I highlight what makes BRX a quality income buy amidst the market chaos, so let’s get started.

Why BRX?

Brixmor Property is one of the largest shopping center REITs in the US, owning and operating a high quality portfolio of 380 retail centers covering 67 million square feet. Its properties are well-located and spread throughout 118 metropolitan statistical areas, and are diversified across over 5K national, regional, and local

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