WPG News and Press, Washington Prime Group Inc. From 05/07/20

Washington Prime Group (NYSE: WPG ) has collected ~30% of contractual base rent and charges for April, comprised of ~25% collection rate for enclosed properties and ~50% for open air properties. More news on: Washington Prime Group Inc., Financial stocks news, Earnings news and commentar...

Washington Prime Group (NYSE: WPG ): Q1 FFO of $0.22 misses by $0.02 . Revenue of $152.6M (-9.6% Y/Y) misses by $11.2M . Shares +0.6% AH. Press Release More news on: Washington Prime Group Inc., Earnings news and commentary, Financial stocks news, ,

Washington Prime Group Inc. (NYSE: WPG) today reported financial and operating results for the first quarter ended March 31, 2020. As previously announced, and due to the coronavirus (COVID-19) pandemic, the Company has withdrawn its full-year 2020 guidance issued on February 26, 2020. The ...

Washington Prime Group Inc. (NYSE: WPG) today announced that it has launched Fulventory, an initiative which allows tenants to utilize space within the Company’s assets for last mile fulfillment and BOPIS (buy online and pickup in store), as well as inventory clearance. As BOPIS and BO...

Washington Prime Group (NYSE: WPG ) receives notice from the New York Stock Exchange that its minimum average closing price doesn't meet the NYSE continued listing standard. More news on: Washington Prime Group Inc., Financial stocks news, Read more ...

Washington Prime Group Inc. (NYSE: WPG) today announced that on April 28, 2020, it received notice from the New York Stock Exchange (NYSE) that the Company does not presently meet certain NYSE continued listing standards which require the Company to maintain a minimum average closing price of...

Washington Prime Group Inc. (NYSE: WPG) today announced that financial and operating results for the quarter ended March 31, 2020 are expected to be released after the close of market on May 7, 2020. Due to the unprecedented uncertainty from the coronavirus (COVID-19) pandemic, the Company wi...

Every day that goes by in the new era of physical distancing seems to bring another retailer closer to liquidation. Just take a look at these recent headlines from this CNBC retail specialist (*): With 100,000 stores set to close by 2025 , mall owners face this legal hurdle next G...

On Monday, April 20th, I wrote a piece: Jason Mudrick Was Right About The Secular Decline Of Malls . Despite my viewpoint that U.S. shopping malls are in secular decline, something I finally realized in Q2 2019, I tried to offer a balanced article and make fair arguments. To reiterate and be ...

What’s the first thing when you think of when you hear the word "lemon?" Do you think of the actual fruit, all bright yellow and oval shaped? If you’re the literal type, that’s probably precisely where your brain goes. If you’re more of a creative thinker ...