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CLAIM #54310 · SPG (SPG) · 2021Q3 earnings call · Nov 1, 2021 · due Dec 31, 2021

everyone is pretty comfortable or -- I should say confident that they're going to get the product in there for the holiday season, but I would tell you that there's no guarantees, so there will be some variability

David Simon · CEO

PENDING
graded after results covering Dec 31, 2021 are reported

In context

ping product up to date, most of it launched on ships. So how are you thinking about it from two sides? One, the retailers that you own in dealing with some of these issues, where they're also dealing with their e-comm problems too. And also from the standpoint of how you think retailers are going to approach the store openings next year, given some of the product, giving some of the staffing concerns and how all that melts together, now that you are more and more sitting on both sides of this equation and really understanding some of these pressure points. David Simon: Well, let me just tackle the backlog in getting product to the stores, which does have an impact on us. You know, just with respect to our tenants. And then as well as the brands that we own. There's variability. I mean, everyone is pretty comfortable or -- I should say confident that they're going to get the product in there for the holiday season, but I would tell you that there's no guarantees, so there will be some variability that we probably would have felt a little bit better going into fourth quarter, but we're cautious on it because we just don't know and it's out of our hands though. I did throw a shout out to Stanley only because by the way, I trained him, but just don't forget that. But he did tell me that he was going to -- if he had to go to the port of LA and unpack boxes to get them into the Penny store, he said he was going to do it. Ad I said, "Well, that's a great idea, I will do it too. We're on call to help, so that's that. If there is variability, I don't know, but I think generally, people are reasonably confident that they'll get this -- they'll get their product in for time -- for Christmas. Now with respect to employment, this as well beyond retail. Michael Bilerman : Yeah. David Simon: A

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SEC filings for SPG · Claim quote is verbatim from the 2021Q3 earnings call.