owners, already squeezed by e-commerce and spending billions on
property makeovers to draw shoppers, have a new headache: retailers
deducting returns for items bought online from their sales figures.
Simon, chief executive officer of Simon Property Group Inc., says a
“significant number” of tenants are underreporting sales and that the
company, the largest U.S. mall owner, is negotiating with them to find a
solution.. . . more