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Malls get facelift to pull in shoppers

from The Wall Street Journal

The sprawling Roosevelt Field mall on Long Island, anchored by Bloomingdale's, Nordstrom and Macy's, ranks among the 20 most-lucrative malls in the U.S. But Roosevelt Field's owner, Simon Property Group Inc., still intends to spend roughly $300 million in the next two years to improve the shopping center. The overhaul will add a Neiman Marcus Group luxury department store, expand the mall's dining choices and upgrade its movie theater with lounge seating and full menus. more


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