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Mall Operators Have ‘Reasons to Be Optimistic’

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Mall operators are upbeat about the retail outlook over the next year. The Macerich Co.: “We find a lot of reasons to be optimistic,” CEO Tom O’Hern said in a Wall Street conference call. In a Nutshell: Macerich reported an 88 percent occupancy rate for the recent quarter, slightly lower than the 92 percent rebound…

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