In October 2019, the $5 billion entertainment complex and mega-mall American Dream opened in East Rutherford, New Jersey, after about two decades of planning.

Then, the pandemic hit. It reopened again in October 2020 at a time when most Americans had shifted to online shopping for a safer experience.

Now that vaccines are readily available, American Dream developer Paul Ghermezian and his team are hoping customers will look for that in-person experience that they missed throughout 2020. Not only does the mall boast stores at all price ranges, from Hermes to Zara, but it also is home to the DreamWorks Water Park, the Nickelodeon Universe theme park, and the Big Snow indoor ski slope, among other attractions. As the holiday shopping season gets in full swing, he's hoping people will stop by for gifts as well as to take advantage of the special events and deals American Dream will offer.

Share:
More In Business
Watchdog Slams IRS Identity Theft Case Delays as “Unconscionable”
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
A.I. Investments Carry Amazon Over $2 Trillion Valuation Threshold
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Load More