Which Central California malls, shopping centers are open during Thanksgiving weekend?

FRESNO, Calif. (KFSN) — With COVID-19 restrictions in place in much of Central California and many residents changing their plans and taking to online shopping instead of hitting the stores, this year’s Thanksgiving weekend is anything but typical.

But those of you Valley residents who still want to shop in person during the weekend, don’t despair.

Malls and shopping centers in Fresno, Merced, Visalia, Tulare, and Hanford are open from Black Friday onward, and are even offering photos with Santa to help your family celebrate the holiday season.

FASHION FAIR MALL, FRESNO

Thanksgiving Day, Nov. 26: Closed
Black Friday, Nov. 27: 6 am – 10 pm
Saturday, Nov. 28: 10 am – 10 pm
Sunday, Nov. 29: 11 am – 8 pm

Fashion Fair is offering a contactless photo-op experience with Santa, starting Friday, Nov. 27. You’ll have to reserve your spot and wear masks. Learn more here.

RELATED: Fashion Fair Mall will be closed on Thanksgiving Day, open early on Black Friday

RIVER PARK SHOPPING CENTER, FRESNO

Thanksgiving Day, Nov. 26: All stores and restaurants are closed, except for Mimi’s Cafe (7 am -8 pm), Ruth’s Chris Steak House (11 am-8 pm), Starbucks (5 am-8 pm), Uncle Harry’s Bagels (6 am-1 pm), Victory Jewelry (11 am-7 pm), XK Gifts (12 pm-5 pm), Carls Jr. (6 am-1 am) and Texas de Brazil (11 am – 8:30 pm).
Black Friday, Nov. 27: All stores and restaurants are open, except for Broilers.

Several popular stores are opening early on Black Friday, including:

  • Best Buy (5 am-10 pm);
  • Bath & Body Works (6 am – 12 am);
  • H&M (8 am – 10 pm);
  • Macy’s (5 am – 12 am);
  • Sephora (8 am – 9 pm);
  • Dick’s Sporting Goods (5 am – 10 pm);
  • Kohl’s (5 am – 12 am);
  • Target (7 am – 11 pm);
  • You can book a virtual visit with Santa at River Park here.

    MERCED MALL, MERCED

    Thanksgiving Day, Nov. 26: Closed
    Black Friday, Nov. 27: 9 am – 9 pm
    Saturday, Nov. 28: 9 am – 9 pm
    Sunday, Nov. 29: 11 am – 6 pm

    Santa Claus will be visiting Merced Mall on Friday, Nov. 27, at 1 pm. You can get contact-free photos in person or sign up and purchase a virtual photo experience here.

    RELATED: Some local small businesses you can shop at during the holiday season

    VISALIA MALL, VISALIA

    Thanksgiving Day, Nov. 26: Closed
    Black Friday, Nov. 27: 7 am – 9 pm
    Saturday, Nov. 28: 10 am – 9 pm
    Sunday, Nov. 29: 11 am – 6 pm

    Starting Friday, Nov. 27, you can get professional photos with Santa taken at Visalia Mall – but first, make your reservations here.

    You can get more information on Santa’s visiting hours here.

    TULARE OUTLETS, TULARE

    Thanksgiving Day, Nov. 26: Closed
    Black Friday, Nov. 27: 5 am – 8 pm
    Saturday, Nov. 28: 9 am – 9 pm
    Sunday, Nov. 29: 10 am – 7 pm

    Tulare Outlets will be playing Christmas music and giving away drinks

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    ‘Everything is different this year’ – retailers, shopping centers gear up for a holiday season unlike any other

    It’s been a year that retailers (and all of us) have never seen, a year unlike any other. But one thing is for sure about Black Friday (and the holiday shopping season) is no one knows what’s coming.

    “I really don’t know what to expect,” Tom Kuypers, senior vice president of marketing at Ollie’s Bargain Outlet in Lower Paxton Township said. “We’re excited about it. It’s a big day for all retailers. We want to keep everyone safe.”

    Black Friday is always the Friday after Thanksgiving when retailers typically offer deals and doorbusters and hope for big crowds and long lines waiting for stores to open, but this year is different. In recent years, Black Friday sales have begun on Thanksgiving. But this year, many major retailers have decided to close their doors on the holiday and open their doors early in the morning on Black Friday.

    And with the COVID-19 pandemic picking up steam as the number of people infected with the virus grows, retailers are trying to avoid a one day rush. To accomplish that they have been offering deals for weeks now – some of their best deals exclusively have been online – in the hopes of putting a dent into some of the long lines that traditionally pop up as retailers open their doors for Black Friday.

    One such retailer known for those lines that wrap around the building is Best Buy, which is doing their part to try and cut down on them this year.

    “In order to limit the number of people in stores and avoid lines outside our stores, we are only selling this year’s new, highly anticipated gaming consoles on BestBuy.com,” the retailer said on its website.

    And the retailer is not only placing stickers on the floor inside its stores but also outside of its stores as well to help people socially distance.

    At Reading-based Boscov’s, the retailer has had Black Friday deals leading up to Black Friday, and president and CEO Jim Boscov said that the company tailored its promotions to avoid clustering people in any one area.

    “I want everyone to stay safe,” he said. “I want our co-workers and our customers [to stay safe]. I like doing business but I like being safe even more. And frankly the way we’re doing it you can do both.”

    The company said it has intensified cleaning, with its focus on areas such as bathrooms, handrails, door handles, shopping carts and other frequently touch surfaces. Cash register stations are sanitized after each transaction, Boscov said. And he said the company has hired additional seasonal staff.

    Boscov’s stores are so large that there is plenty of room for social distancing and there are decals on the floors in the stores to keep people apart. The company has added additional cash registers to avoid long lines, Boscov said.

    And the store is allowing shoppers who might not want to shop in person to shop safely. Boscov said customers have been taking advantage of the

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    These 8 shopping centers in central Pa. will close on Thanksgiving



    a group of people standing in front of a building: Customers line up to enter the Capital City Mall


    © Cumberland County moves to the green phase of the state’s COVID-19 reopening plan today, which means…
    Customers line up to enter the Capital City Mall

    Last year the Colonial Park Mall, the Park City Center, Tanger Outlets Hershey and Tanger Outlets Lancaster were all open on Thanksgiving

    But this year regional shopping centers and malls have all announced on their websites that they will close on the holiday. this comes as a number of larger retailers like Walmart have announced they will do the same.

    The Colonial Park Mall in Lower Paxton Township; the Capital City Mall in Lower Allen Township; The Harrisburg Mall in Swatara Township; Tanger Outlets Hershey in Derry Township; the York Galleria Mall in Springettsbury Township; Tanger Outlets Lancaster in East Lampeter Township; the Park City Center in Lancaster and the Shops @Rockvale in East Lampeter Township will all be closed on Thanksgiving.



    a group of people walking in front of a building: Customers line up to enter the Capital City Mall


    © Cumberland County moves to the green phase of the state’s COVID-19 reopening plan today, which means…
    Customers line up to enter the Capital City Mall

    Bass Pro Shops, 2nd and Charles and DXL, which all have outside entrances at the Harrisburg Mall will be open. And it’s not clear if some of the larger retailers with outside entrances will open for business on the holiday at other regional malls.

    You can follow Daniel Urie on twitter @DanielUrie2018 and you can like him on Facebook.

    ———

    ©2020 The Patriot-News (Harrisburg, Pa.)

    Visit The Patriot-News (Harrisburg, Pa.) at www.pennlive.com

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    Shopping Centers Love Vaccines | Seeking Alpha

    The relevant REITs we’re going to discuss in this article are shown below:

    Company Name Ticker Div Yield AFFO or Core Yield
    Retail Opportunity Investments Corp. ROIC 0.00% 5.79%
    Urban Edge Properties UE 0.00% 5.55%
    Site Centers SITC 0.00% 7.80%
    Acadia Realty Trust AKR 0.00% 7.46%
    RPT Realty (Ramco-Gershenson Properties Trust) RPT 0.00% 9.55%
    Kite Realty Group Trust KRG 1.63% 9.39%
    Urstadt Biddle Properties Inc Class A UBA 2.51% 6.50%
    Retail Properties of America Inc. RPAI 2.82% 6.18%
    Kimco Realty Corp. KIM 2.95% 7.07%
    Cedar Realty Trust Inc. CDR 3.28% 16.67%
    Weingarten Realty Investors WRI 3.68% 7.00%
    Federal Realty Investment Trust FRT 4.63% 3.98%
    Regency Centers Corp. REG 5.18% 5.74%
    Whitestone REIT WSR 5.89% 11.15%
    Brixmor Property Group Inc. BRX 6.04% 8.68%
    Saul Centers Inc. BFS 7.51% 8.02%

    Before we get into our main topic for discussion, we’ve got a few more charts that have been popular with readers. We start by turning those values into a bar chart:

    Chart

    Source: The REIT Forum

    Then, we provide the payout ratios:

    Chart

    Source: The REIT Forum

    Huge Rally

    The rally today was incredible. As of the market closing, this is where we stand:

    Source: Seeking Alpha

    Wheeler (NASDAQ:WHLR) isn’t in the rest of the charts because it doesn’t deserve to be mentioned. We’re going to focus on some better REITs.

    Ratings

    Let’s get into some ratings.

    We’re going to give a pair of quick neutral ratings to FRT and REG. These are usually two of our favorite REITs for the sector, but rallying by about 33% to 35% is sufficient for a few years. Investors may opt to hold onto shares for the dividend income, but we’re taking a neutral outlook. We sent the following message to subscribers today, while share prices were still slightly higher than their closing values:

    Source: The REIT Forum

    This kind of “all” announcement triggers an e-mail alert for our subscribers, which makes it particularly easy to track.

    A Recent Announcement

    We tackled today’s vaccine announcement as part of our subscriber article: Housing REIT Sector Update: Q3 2020 Earnings & Vaccine Announcement

    We’re going to share a small part of that update below. Specifically, we’re going to share the part that pertains to the vaccine, infection rates, and herd immunity because it is extremely relevant to the shopping center REITs as well.

    Today’s Messages

    Today’s message is one of congratulations to the investors who joined us in picking up shares of great apartment REITs like AvalonBay (AVB), Equity Residential (EQR), and Essex Property Trust (ESS) over the last few months. An emphasis on long-term value and willingness to overlook the near-term struggles allowed investors to lock in excellent prices on several great dividend growth investments.

    Yet we need to include a second message. This is a word of caution about the excitement sweeping the sector.

    Here are the main points:

    • The development of a vaccine is not the same as the widespread availability of the vaccine.
    • The availability of the vaccine for widespread use is still pretty far
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    BIG shopping centers say they will open against coronavirus rules

    BIG group shopping centers will open Sunday against coronavirus regulations, according to Israeli media. Following the regulation change that allows shops to open, the group notified Israel’s attorney general of the intent to open, claiming that they are not defined as a mall, according to Israel Hayom.The group also notified the coronavirus cabinet of the decision, Ynet news reported. The BIG shopping center group had announced on Sunday that it would open its open-air centers in “green” cities and will begin demanding full rent and fees from businesses located in the centers. Most store owners in BIG centers did not open their shops last week, but are now expected to go along with BIG group’s call to open starting Sunday, according to Ynet News. In a letter to businesses in BIG centers, BIG group CEO Hay Galis stressed on Sunday that while businesses received support and compensation from the government and unpaid leave, the BIG group did not receive the same support and did not send workers on unpaid leave. The group also forgave rent and management fees.“We did not receive a single shekel for this period, neither from the state nor from you,” wrote Galis, adding that the group had tried, and failed, to convince business owners to protest against the conduct and decisions of the government.“The ability to open business is in your hands, from now the results are also passed onto your shoulders. Carry it and succeed,” wrote the CEO. “Now it’s your turn. The honorable government is playing with us, playing with you, asking for a few more days, and a few more days, because of the hysteria and disconnection of the Health Ministry and the prime minister’s inability or unwillingness to make a decision.”

    Tzvi Joffre and Maayan Hoffman contributed to this report.

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    Open Air Shopping Centers Breeze Past Malls

    Upper Buena Vista in Miami and the Macerich-owned Green Acres Mall in New York (Upper Buena Vista, Macerich)

    Upper Buena Vista in Miami and the Macerich-owned Green Acres Mall in New York (Upper Buena Vista, Macerich)

    Since reopening in May, Miami’s Upper Buena Vista has seen its foot traffic surpass normal pre-Covid levels, according to the shopping center. And the mixed-use “pocket-village” with 21 stores, 12 of which have opened during the pandemic and five more that are slated to open soon, is now back to almost full occupancy.

    The increase in business for the 60,000-square-foot open air mall, which was built around two large centenary trees, is impressive during a regular year, let alone one plagued by retail bankruptcies and store closures.

    “We’ve really just adapted the space to whatever is needed by the community,” said Katherin Schultz, Upper Buena Vista’s marketing director.

    Outdoor shopping centers, or strip malls, and outlets made up of individual manufacturer stores have been outpacing enclosed malls in their recovery.

    Both are in a better position when it comes to the kinds of tenants and customers they attract as people flock to open air spaces while they shop for essential goods like home and office supplies. At the same time, in-store apparel shoppers (a shrinking demographic among consumers) are largely gravitating to bargain deals found in outlets, leaving luxury stores in enclosed malls with even fewer customers.

    As a result, shopping center and outlet mall owners like RPT Realty and Tanger Factory Outlet Centers — two of the biggest players with combined market caps of nearly $1 billion — have been reaping much of what’s left of investor interest in retail, according to industry sources.

    “In March and April, there was a major sell off across the board,” said Kevin Brown, an equity analyst at Morningstar who covers real estate investment trusts. “Malls took a bigger hit [to their share price], a decline of 60 to 70 percent, whereas shopping centers took a 40 to 50 percent hit.”

    The two sectors have seen their overall stock values improve relatively consistently since then, with shopping centers remaining in the lead, according to Brown.

    And the shift towards outdoor spaces may be consequential in the coming fourth quarter and beyond — as property owners lay the foundations for upgrades, future acquisitions and ground-up developments.

    “Safety is now first and foremost in almost every shopper’s mind,” said Greg Maloney, who oversees JLL’s retail brokerage business in the Americas. “There’s no way I can convince people that you’re going to be safer in an enclosed mall than you are walking down the street.”

    “That perception is too strong right now,” he noted.

    Winners and losers

    RPT Realty, which owns and operates nearly 50 open air shopping centers across the country, had collected 86 percent of its rent from tenants, as of September, while deferrals made up just 7 percent of the total, according to its latest earnings report.

    Even in the second quarter, the New York-based company reported that it collected 70 percent of rent — averaging far above mall REITs. Macerich, by comparison, saw its

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    Westfield Celebrates the Most Wonderful Time of Year at Its Shopping Centers in the U.S.

    The tradition of celebrating the holidays at Westfield continues with one-of-a-kind experiences that keep safety, services, community and fun top of mind

    Visits with Santa, virtual scavenger hunts and more are planned this holiday season at Westfield malls across the U.S., Unibail-Rodamco-Westfield (URW) announced today. The company’s shopping centers will welcome guests eager to safely experience their favorite traditions with family and friends by offering festive experiences, exclusive shopping events, and a variety of services designed to complement consumers’ online shopping.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201028006171/en/

    A rendering of The Holiday Market at Westfield Century City in Los Angeles, CA. (Photo: Business Wire)

    “Although the holidays may look a bit different this year, we want to make them feel the same as always by providing amenities that not only make it safe to shop, but fun and festive too,” says Ghadi Hobeika, executive vice president, Media Sales, Marketing and Digital at URW. “We have been very thoughtful about creating experiences that support our retailers, local communities, and charitable partners while helping our customers overcome the stress of the past year, rediscover their favorite holiday traditions, and revel in the magic of this most special time.”

    To ensure its guests have a place to celebrate the season together with friends and family, Westfield is delivering one-of-a-kind experiences focused on safety, services, community and fun through a variety of programs and initiatives across its centers.

    SAFETY

    Westfield is committed to the health and safety of our customers, employees and the community, and is working with local stakeholders, public health officials and retailers to ensure that relevant guidelines are being followed this holiday season. In addition to increased cleanings of common areas and monitoring and enforcing capacity; social distancing; and the wearing of face coverings, Bureau Veritas, the world’s most respected provider in testing, inspection and certification processes, certified Westfield cleaning processes with its industry-leading hygiene and safety excellence label, SafeGuard™. More information on shopping center health and safety practices can be found on each center’s website.

    SERVICES

    Westfield will continue to go the extra mile this holiday season by providing services and amenities designed to ensure that customers have a safe and seamless experience. Select Westfield centers will offer Curbside Pickup; Line Pass, a Westfield app-based virtual queuing and appointment service to help make visits to the center more efficient; Ask An Elf (also known as Answers on the Spot); complimentary shopping bags; as well as Guest Service Ambassadors.

    COMMUNITY

    Westfield kicked off the holiday season with the launch of Shop Your Heart Out, a 10-day program that drives donations to local charities by offering guests access to exclusive offers from multiple retailers throughout its centers—from discounted sales, to gifts with purchase, and more. The initiative continues Westfield’s commitment to the communities it serves through a program that was launched in March under the hashtag #WestfieldCares. Visit www.westfield.com/westfieldcares for more information.

    FUN

    While health and safety remain top of

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    Carter’s to Shutter 200 Stores as Retailer Concentrates on Open-Air Shopping Centers

    Children’s apparel retailer Carter’s plans to close at least 200 of its locations — about 25% of its store fleet — by taking advantage of expiring leases and kickout provisions. The announcement was made on an Oct. 23 earnings call by Chairman and CEO Michael Casey, during which he also told analysts that the closures would be approximately 60% complete by the end of next year, and 80% complete by the end of 2022.

    The planned
    closures are located in declining shopping centers and are “less likely to
    support our focus on high-value omnichannel customers,” Casey said. “Open-air
    centers provide a better, more convenient experience for same-day pickup and
    curbside pickup of online purchases,” he added. “We plan to continue
    opening stores located in more densely populated areas and plan to close stores
    in more remote and declining centers. We currently plan to open less than 100
    co-branded stores over the next five years.” Currently, 85% of Carter’s
    U.S. stores are located in open-air centers.

    Carter’s also
    announced its Q3 financial results. Net sales decreased $78.2 million,
    or 8.3%, to $865.1 million, compared to $943.3 million in Q3
    of fiscal 2019. U.S. same-store sales declined 3.5%, but were partially
    offset by ecommerce growth of 17.2%. Ecommerce sales represent the brand’s fastest-growing and
    highest-margin business.

    “We exceeded
    our sales and earnings goals in the third quarter,” said Casey. “The quarter
    got off to a strong start with our Fourth of July holiday retail sales up 7%.
    We saw less robust demand in August during the back-to-school shopping period,
    with many children beginning their school year at home and learning virtually.
    We had the strongest level of demand in September, with our Labor Day holiday
    retail sales up 15%, our best performance in three years.”

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    Colby College receives $2 million family gift for new arts, athletics centers

    Colby College announced Tuesday that a multi-generational Waterville family with ties to the school is donating $2 million to support landmark arts and athletics initiatives.

    Dana L. Schmaltz and Kate Enroth’s donation will name the Colby College Museum of Art’s gallery in the Paul J. Schupf Art Center in honor of Joan Dignam Schmaltz, Colby class of 1963. In addition, the welcome pavilion at the new Harold Alfond Athletics and Recreation Center will be named for Richard R. “Dick” Schmaltz, Colby class of 1962.

    “Where we are in our stage with our relationship with Waterville is that this should be positive, mutually beneficial and eternal,” Colby College President David A. Greene said in a phone interview Tuesday. “This should not be something that ends in the next couple years or has a timeline on it It should be an ongoing commitment for Colby to have a partnership with Waterville.”

    Joan Dignam was an artist. Dick Schmaltz was known as “Mr. Colby” to friends and family. In partnership with Waterville Creates!, Colby is developing the Paul J. Schupf Art Center on Main Street in downtown Waterville, which will break ground in 2021. The Joan Dignam Schmaltz Gallery of Art will contain exhibitions from the museum’s permanent collection as well as specially commissioned shows.

    “The Schmaltz and Dignam families, much like our family, have a long and proud history in Waterville and at Colby. We all share a dedication to this community, and we can’t think of a more fitting tribute to our dear friends Dick and Joan than the naming of these two spaces in their honor,” said Paula Lunder, D.F.A. ’98 and Peter Lunder ’56, D.F.A. ’98 in a release.

    A rendering of an interior space in the future Arts Collaborative building on Main Street in Waterville. Construction on the project is starting this week, Colby College announced on Wednesday. Peter and Paula Lunder are financing almost half of the $6.5 million project, designed by architect Ryan Senatore. The building is expected to be complete by April 2021. Rendering by James Reben, Architectural Image Solutions

    The art gallery is one of a handful of efforts by Colby to revitalize Waterville’s downtown. The Bill & Joan Alfond Main Street Commons, which opened in the fall of 2018, houses more than 200 students in downtown Waterville. The Lockwood Mills Hotel, which is currently housing students, will eventually open to the public. The Colby Arts Collaborative on 14 and 20 Main St. is set to open in April of 2021. Waterville’s BUILD grant also makes a difference.

    “We’re hitting an inflection point where a number of the major projects are either under construction or will be soon, and over the next few years we’ll see these coming in a consistent fashion,” Greene said. “What’s also important is also all of the activity that is going on that is stimulated by these investments, but not directly related to them.”

    Greene alluded to the efforts by others outside of Colby as part of the overall

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    Baceline Investments Acquires Neighborhood Shopping Centers in Three Markets

    Denver-based firm that shifted focus to support tenants through pandemic has returned to acquisition mode

    Baceline Investments, LLC, a boutique private equity real estate investment and management company with neighborhood shopping center holdings throughout the United States, has announced the acquisition of three retail properties near Cleveland, Chicago and Minneapolis. It marks a return to buying for the Denver-based firm after concentrating efforts the last six months on supporting its tenants to help them navigate the retail industry during the COVID-19 pandemic.

    The acquisitions include Trask Towers (16,195-square-feet retail center in Mentor, Ohio), Baceline’s first property in the Cleveland metro area; Foxmoor Crossing (22,408-SF, Fox River Grove, Ill.), a high-volume, heavily trafficked retail center one hour northwest of Chicago; and Hanson Commons I (12,708-SF, Andover, Minn.), a location with a diverse tenants that has proven resilient during the pandemic.

    The acquisitions bring Baceline’s Core Income fund portfolio to 73 shopping centers located in 27 markets in the mid-section of the United States. It’s Baceline’s largest and most diverse portfolio, spanning 15 states. It includes nearly 2.5 million-square-feet of retail space with 860 local and national tenants.

    “When the pandemic took hold in March, we immediately shifted our focus into support mode, doing what we could to create tools and resources for the small businesses who occupy our neighborhood shopping centers,” said Dusty Batsell, executive vice president of Real Estate. “While our commitment to ensure their success continues, we are once again targeting and evaluating properties for the portfolio, identifying those in thriving communities.”

    Baceline’s investment strategy focuses on neighborhood shopping centers in markets throughout the U.S. that have value-rich properties at opportunistic prices, less competition, and more supply of quality real estate when compared to gateway cities.

    About Baceline Investments

    Founded in 2003, Baceline Investments, LLC is a Denver-based privately held boutique real estate investment and management company that specializes in the acquisition, management, and sale of cash-flowing, necessity-based everyday goods and services neighborhood shopping centers located in select secondary markets across America. By avoiding high-priced and competitive commercial real estate markets on the coasts, Baceline’s focus provides untapped investment opportunity. This unique approach allows investors to better diversify their investment portfolio. Learn more at www.bacelineinvestments.com or LinkedIn.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20201016005612/en/

    Contacts

    Jim Miller, Bluebird Branding
    (303) 906-4866

    Katie Lyon, Baceline Investments
    (303) 877-2859

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