Mall owners and retailers clash over deluge of in-store online returns
Bloomberg News
Mall owners and retailers clash over deluge of in-store online returns
(Bloomberg)—Mall 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. David Simon, CEO of Simon Property Group Inc., says a “significant number” of tenants are underreporting sales and that the company, the largest U.S. mall […]