The Paris-based company owns the upscale Westfield Century City in Los Angeles and 10 other centers including malls in Ventura, Topanga, and San Diego.
Its airport division also operates retail, dining, and other outlets throughout terminals at the Los Angeles International Airport (LAX). Those locations are not expected to undergo any changes, according to an airport spokesman.
“Nothing has changed with [Unibail-Rodamco-Westfield] here at the airport,” LAX spokesman Heath Montgomery told The Epoch Times.
A spokesperson for Unibail-Rodamco-Westfield told The Epoch Times the plan was announced last year in company reports.
The company reported strong 2021 sales in the United States, rebounding after the removal of all restrictions on in-person activities in the first quarter and a significant government stimulus package, according to the report.
At the beginning of 2021, the company’s recovery was driven by strong growth in luxury goods and jewelry, according to reports. Overall sales fully recovered in the second half of the year.
Despite reporting strong sales, the group foreclosed on several smaller U.S. malls last year, including the Westfield Mall Palm Desert, Calif., in October.
The Palm Desert property contained several smaller retail outlets and restaurants, including Macy’s, J.C. Penny, H&M, Express, and Dick’s Sporting Goods. The mall remained open to the community and was renamed The Shops at Palm Desert a month later.