The Summit Mall, Aurora Farms Premium Outlets, and other Simon Property Group retail properties won’t open on Thanksgiving this year.
According to the Indianapolis-based company, the mall and outlet will be open on Black Friday.
“During these challenging times, we decided that we would not open on Thanksgiving, but instead allow our employees to spend the holidays with loved ones,” said David Simon, chairman, general manager and president, in a press release.
The financially troubled Chapel Hill Mall in Akron will also close on Thanksgiving, said a spokeswoman for the mall.
The malls, along with other major retailers including Walmart, Target, Home Depot and Kohls, announce that their stores will close on Thanksgiving this year.
The Summit Mall on West Market Street in Fairlawn has about 100 stores, including Anker Macy’s and Dillards.
Simon Property Group, a publicly traded real estate mutual fund, has 106 shopping centers, 69 premium outlets, four lifestyle centers and 25 other retail properties in the United States. She also owns retail real estate outside of the United States.
In Ohio, Simon also owns Cincinnati Premium Outlets in Monroe and The Mall at Tuttle Crossing in Dublin.
Earlier this month, Simon announced that it had revenue of $ 1 billion for the second quarter through June 30, compared to $ 1.4 billion a year ago. Simon said it had an average retail occupancy of its properties of 92.9% as of June 30.
The company had sales of nearly $ 5.8 billion in 2019.
On March 18, Simon closed all of his properties due to the COVID-19 coronavirus pandemic. It started real estate reopening in May and said that by July 10th, all of its properties had reopened.