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Simon Left Holding the Big Box Bag
By Dana Blankenhorn - January 7, 2013 | Tickers: ACRE, BKS, BBY, GGP, SPG, SPLS
The age of the “big box” is ending. This has to spell trouble down the road for Simon Properties (NYSE: SPG), the largest U.S. mall owner. When a mall operator's customers are under threat, it's under threat. When the people killing your customers are dying, you're dying.
The big-box boneyard
Consider Best Buy (NYSE: BBY) the canary in this coal mine. Since April 2009, just after more »