What: The largest US mall owner, Simon Property Group, has a strong outlook on brick-and-mortar retail.

Why it is important: The CEO of Simon Property Group believes that retailers need to invest more heavily in brick-and-mortar stores considering recent e-commerce sales declining.

Despite economic concerns, Simon Property Group reported resiliency with a 94.5% occupancy rate in Q3 as well as there has been very little slowdown for new store openings and lease renewals. The group also cites the numerous announcements by brands that will expand their store fleets along with many digitally native brands moving into physical stores or through wholesale partnerships.

Simon Property Group doubles down on malls