Skip Navigation

watchlive

Pre-Markets
U.S. Markets
Currencies
Cryptocurrency
Futures & Commodities
Bonds
Funds & ETFs

Economy
Finance
Health & Science
Media
Real Estate
Energy
Climate
Transportation
Industrials
Retail
Wealth
Sports
Life
Small Business

Personal Finance
Fintech
Financial Advisors
Options Action
ETF Street
Buffett Archive
Earnings
Trader Talk

Cybersecurity
Enterprise
Internet
Media
Mobile
Social Media
CNBC Disruptor 50
Tech Guide

White House
Policy
Defense
Congress
Equity and Opportunity

Live TV
Live Audio
Business Day Shows
Entertainment Shows
Full Episodes
Latest Video
Top Video
CEO Interviews
CNBC Documentaries
CNBC Podcasts
CNBC World
Digital Originals
Live TV Schedule

Trust Portfolio
Analysis
Trade Alerts
Meeting Videos
Homestretch
Jim's Columns
Education
Subscribe
Sign In

Pro News
Pro Live
Stock ScreenerNEW!
Market Forecast
Options Investing
Subscribe
Sign In

NEW!

Make It

USA
INTL

watchlive

NEW!

5 things investors in retail stocks can learn from the biggest U.S. mall owner

Published Mon, May 17 202112:54 PM EDT

Lauren Thomas @laurenthomas

Simon Property Group 's earnings shed light on what might be ahead for retailers as some notable names release quarterly reports this week. When the mall giant reported its quarterly earnings last Monday , chief executive David Simon had plenty of insights about how the retail sector – which include his tenants – is faring more than a year into the pandemic. With 167 shopping malls and outlet centers in its portfolio — and a market cap of about $40 billion — Simon Property is by far the largest mall owner in the United States. Some of its biggest tenants include Gap , Victoria's Secret owner L Brands , Coach parent Tapestry , Macy's and J.C. Penney. Indeed, L Brands and Macy's are among the retailers publishing earnings this week . The Indianapolis-based landlord has a glimpse into traffic trends at malls across the nation. "We have a lot of data," Simon said during the company's earnings call last Monday. "We understand the consumer better than ever. We have … knowledge that we didn't necessarily have before." Here are five takeaways that investors in retail stocks can glean from his remarks. 1. Teen retail is growing When asked which retailers are in growth mode today and opening new stores, David Simon named American Eagle and Urban Outfitters . Both companies cater to younger consumers. Teens on avera