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Simon Property Group Reports First Quarter 2021 Results And Raises Full Year 2021 Guidance


Simon Property Group Reports First Quarter 2021 Results And Raises Full Year 2021 Guidance
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INDIANAPOLIS, May 10, 2021 /PRNewswire/  Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended March 31, 2021.
We are very pleased with our first quarter results, said David Simon, Chairman, Chief Executive Officer and President.  Our business has substantially improved after addressing the impacts from the COVID-19 pandemic including significantly restrictive governmental orders as evidenced by our improved profitability and cash flow growth, increasing shopper traffic, increasing retailer sales, and leasing momentum across our portfolio.  We are also seeing similar results in the Taubman Realty Group portfolio and are encouraged by our collective progress in increasing its profitability.   Today we are incr ....

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Tonal Partners with Nordstrom to Expand its Retail Footprint to 40 Stores across the Continental United States

Tonal Partners with Nordstrom to Expand its Retail Footprint to 40 Stores across the Continental United States
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At-Home Fitness Company Tonal to Open Shops Within 40 Nordstrom Stores


The department store chain announced Monday that it will be adding 40 mini Tonal shops to its stores, with the rollout beginning this month. The 50-square-foot shops will be located in Nordstrom s active department next to workout apparel and other fitness accessories. Customers will be able to demo the Tonal device and speak with a Tonal employee.
For Tonal, the partnership will expand the fitness equipment maker s reach to new customers at a time when many Americans have been investing in high-tech devices to enhance their at-home workouts during the pandemic. The company has just 16 brick-and-mortar locations six of its own stores and 10 shop in shops with other business partners. ....

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