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Many U.S. Malls Reopen This Week

  •, Tuesday, May 12, 2020 5:28 PM

The nation’s largest mall owner, Simon Property Group, plans to have roughly 50% of its malls and outlet centers reopened again within the next week, as states begin to loosen their lockdown restrictions during the coronavirus pandemic. The announcement was made during the company’s quarterly earnings report. Simon’s profits fell 20.2% during the first quarter ended March 31. 

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