Friday, December 6, 2024

Simon Property Group, FAILED strategy of "High End Look" for malls

Simon Property Group (SPG) tried the

High End Look mall

at King of Prussia (KOP) mall, now Keystone Mall (north Indianapolis) just LOST its anchor high-end dept store (Saks 5th Avenue) on July/2024

The above (pushing Keystone Mall & anchor Saks 5th Avenue) as a high-end mall in Indianapolis, explains the FAILED STRATEGY of SPG -- ordering Keystone Mall "mall security" to weed-out lower socio-economic mall go-ers

Following/Harassing *perceived* undesirables

Keystone Mall incident: Following/Harassment 

Keystone Mall incident: Sept/2024 incident @Keystone Mall, Mall Security accuses patron of trespassing, Cops called 

BAD IDEA -- alienating potential paying ($$) customers..

https://www.reddit.com/r/deadmalls/comments/vh9ckp/here_is_the_real_reason_malls_are_dying/



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