North Plains Mall corporate owner reaches bankruptcy deal

The Associated Press LOS ANGELES (AP) — The nation’s second-largest shopping mall operator General Growth Properties Inc. said Wednesday it reached a deal with Canada’s Brookfield Asset Management Inc. that will speed its exit from Chapter 11 bankruptcy protection. General Growth is the corporate owner of North Plains Mall in Clovis. Speculation raged for weeks […]

North Plains Mall part of takeover bid

LOS ANGELES (AP) — Simon Property Group, the nation’s largest shopping mall owner, made a $10 billion hostile bid Tuesday to acquire ailing rival General Growth Properties. General Growth is the corporate owner of North Plains Mall in Clovis. The acquisition would allow General Growth, the No. 2 owner of shopping centers, to emerge from […]

Local shoppers boost business at the mall

By Jenna DeWitt: Freedom New Mexico If shopping at North Plains Mall is any indication, it’s beginning to look a lot like economic recovery this holiday season. Mall Manager Cindy Banister said it appears Clovis area retailers are fairing better than other areas of the country hit hard by the global economic downturn. “Our sales […]

Child’s health more important than size

By Anita Tedaldi: FNM columnist A few days ago, my eight year old daughter Luisa burst into tears at the mall and told me that she’s too big. Luisa knows that she’s overweight, and when she tried on some outfits at the store, none of them flattered her figure. She was crushed and through tears […]

Parent company of North Plains Mall struggling

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Freedom New Mexico Severe financial difficulties and the looming possibility of bankruptcy for the corporation that owns North Plains Mall is unlikely to cause noticeable changes at the mall for customers, a General Growth Properties spokesman said Monday. GGP, the nation’s second-largest mall owner, is struggling to refinance billions in debt it took on during […]

The day for deals

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By Sharna Johnson: Freedom New Mexico Many stores opened as early as 4 a.m., offering “Black Friday” discounts on a variety of merchandise. Weather officials said temperatures were in the 20s early Friday, with wind-chill factors in the mid-teens. Officially, Clovis received .01 inch of snow. Brushing off snowflakes and wincing from the biting wind, […]

Holiday shopping a little slow

By Tonya Garner The parking lot at North Plains Mall was nowhere near filled to capacity Friday. Inside, the mall was sparsely populated with seemingly relaxed shoppers browsing available merchandise. Mall employee Brandi Chambers said she believes gross receipts are down from previous years because consumers are choosing to shop online. Chambers, who was operating […]