02:39 PM EST, 12/02/2024 (MT Newswires) -- Simon Property Group ( SPG ) reported Monday a "strong" start to the holiday season as shopper traffic increased 6.4% year-over-year across its centers during the Black Friday weekend.

Shopper traffic was up 5.9% on Black Friday compared with a year earlier, which accelerated to an 8.2% year-over-year growth on Sunday.

The company's malls saw a 7.1% traffic increase, supported by double-digit sales growth reported by many retailers in its portfolio, according to a company statement.

Simon Property Group ( SPG ) shares fell 1.4% in recent trading.

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