Mall Executive Talks About Pandemic-Shaped Shopper Trends, Tenant DemandMall Executive Talks About Pandemic-Shaped Shopper Trends, Tenant Demand
NEW YORK — As the president and chief operating officer of upscale mall landlord Taubman Realty Group, Bill Taubman has a bird’s eye view of consumer habits, which have become more unpredictable since the pandemic. But Taubman, which owns, manages or leases 26 malls primarily in the U.S. and is a joint venture with Simon Property Group, is more fortunate than plenty of other mall landlords. That’s because it’s positioned in the sweet spot of mall retailing. While many shopping centers in lower income areas are struggling, upscale mall operators like Taubman have thrived and ...