A few shooting scares over the years and the Internets have put the mall in a precarious position. Now the pandemic looks to finish the job.
Here's the bad news for the mall today that we notice local news overlooking in favor of political garbage:
Deets . . .
"CBL & Associates Properties Inc. CBL, -40.79% said Monday that it has filed for bankruptcy protection, as it looks to implement a plan to recapitalize and restructure parts of its debt. The stock dropped 22% premarket prior to a trading halt for news. The Tennessee-based manager of shopping center properties said its customers, tenants and partners can expects "business as usual" at all of its properties during the bankruptcy."
Sadly, biz as usual means not much biz at all.
Developing . . .