TECH AND MONEY

Westfield reaping Olympic windfall

Liz Claman talks to Westfield co-CEO Steven Lowy about the Olympics.
Liz Claman talks to Westfield co-CEO Steven Lowy about the Olympics.
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Liz Claman

Liz Claman joined FOX Business Network (FBN) as an anchor in October 2007. She hosts "Countdown to the Closing Bell" (3 p.m. ET) in addition to co-anchoring "After the Bell" (4 p.m. ET) with David Asman. A graduate of the University of California, Berkeley, Claman was a news associate for KCBS-TV (CBS) in Los Angeles where she was the youngest person in the station's history to win a local Emmy Award for Best Spot Producer. Follow Claman at FOX Business and on Twitter.

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Picture this: You've got your hard-won Olympic tickets in your sweaty little hands for a track and field event. You emerge from the Tube, bright-eyed and excited, and you come face to face with the ultimate shopping gantlet: the new Westfield Mall at Stratford.

It's a stroke of genius from the perspective of the mall's owners, Westfield Group. A huge amount of Olympic traffic heading to the park must walk through the mall to get there. You're talking about 300 retail shops, some 70 restaurants, bowling alleys and a casino all wrapped into one business behemoth.

In and of itself, taking a chance on building the mall on the east end of London was gutsy, but Steven Lowy, co-CEO of Westfield Group, tells FOX Business/FOXSports.com the risk is paying off.

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