Mid-Week and thanks for being here. Today was one of those odd days on Wall Street and we'll share details plus for the interview a massive transformation of a shopping mall in Des Moines, Iowa caught our attention. But first, the news:
- Stop working and go for a walk...no, really;
- Amazon does not want to talk about this;
- The My Pillow guy is getting hit again;
- He said "tax breaks have got to go". Stunning;
- T-Mobile has a new promotion and it's big;
- Janet Yellen and more tax news;
- The Wall Street Report;
- It seems Ketchup just can't...catch up.
If you've spent any time listening to our daily newscast you know that we've reported many times about the hollowing out of our nation's shopping malls. As ecommerce shook the bones of retail we watched as department stores, often shopping mall anchors, entering bankruptcy and leaving gaping holes. Then COVID19 came and, for many, finished the job. Some malls have sold out to Amazon to be used as fulfillment centers. Other mall owners are working new tenet arrangements hoping to salvage their business. Some mall owners are totally reimagining their centers and changing everything. Meet Liz Holland the CEO of Merle Hay Investors and the remarkable story behind their goal to totally restructure their business. It's a stunning departure and, perhaps, one of the first in the nation as the Merle Hay Mall becomes..."Hockey Town".
Thanks for listening!
The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour.