Simon Property Group

Simon Property Group Versace and Rolex at Forum Shops, Las Vegas feature

Simon Property Group Expands Dropit Partnership

| Mike O'Brien

Simon Property Group has expanded a partnership with retail technology provider Dropit to offer its tenants the ability to optimize functions like ship from store, inventory management and returns, powered by AI, initially at 60 Simon locations. Dropit’s technology sits on top of a company’s OMS, WMS and inventory management systems, augmenting order sourcing, fulfillment, delivery and returns.

Mall Owners Place Bid to Save Aeropostale

| Daniela Forte

Several bidders including two large U.S. mall owners, Simon Property Group and General Growth Properties have placed a bid for Aeropostale assets. This would allow for Aeropostale to remain open in a footprint of 229 stores.