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Macerich: ‘We Are in a Much Better Place Than Many Think’

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

While rival shopping mall owners file for bankruptcy and cut jobs, The Macerich Co. appears to be recovering. Speaking on a call with investors Thursday, CEO Tom O’Hern acknowledged that the mall REIT, which owns 51 million square feet across 47 properties, experienced a “challenging” Q3. “The second quarter was an extremely unique quarter, and…

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