ShopSimon.com ™
Del Amo Fashion Center, Torrance, CA
“We are laser- focused on
SIMON MEDIA & EXPERIENCES • Simon Media & Experiences continues to provide brands and retailers with unique opportunities to reach shoppers both in our centers and online. • Our unmatched go-to-market strategy consistently outperforms industry benchmarks and delivers significant impact for our customers and Company. • Revenue from Simon Media &
INNOVATION • We expanded and rebranded our outlet marketplace to ShopSimon™ ( ShopSimon.com™ ) and broadened the value proposition to include sale and discounted merchandise from leading brands. The rebrand successfully enhances the shopping experience for our consumers while delivering new sales opportunities for our retailers and is another example of how we are developing our retail ecosystem. • Our innovative and industry-leading Simon Search ® initiative grew into a true omnichannel tool by integrating ShopSimon with more than 100 retailer affiliate programs, in addition to the nearly 200 enabled shopping centers with more than 80 in-store inventory feeds covering 4,100 store locations. Now with a total of 3 million in-store and online products, Simon Search provides a way of shopping with Simon both online and offline. Shopper searches increased 5-times year-over-year, with significantly improved results
• Our national and local public relations efforts garnered thousands of media hits for our development and leasing milestones, innovation initiatives, seasonal activations, and community events. • We reached tourists through familiarization tours, domestic and international trade shows, and tourism events such as concierge appreciations, shop & stay programs, convention promotions and travel influencer collaborations, which resulted in more than 300 B2B tourism industry partnerships and distribution of over 200,000 digital and printed coupon books. today, but always looking forward, ensuring we stay innovative, efficient and agile.”
Experiences increased 8% in 2024, exceeding the previous record level set last year.
• Our in-center digital and static media networks continue to drive growth, delivering strong results for brands like Dior, Coca-Cola, Mercedes-Benz, Chanel, Disney and many more. Additionally, we expanded our digital out-of-home inventory with over 1,000 new screens, bringing our total network to more than 2,400 screens. • We continue to lead our industry in electric vehicle charging deployments through innovative strategic alliances with Mercedes-Benz, Tesla, BP, Electrify America and Rivian.
due, in part, to search function enhancements using Artificial Intelligence (“AI”).
2024 Annual Report VII
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