Are Large Regional Malls Dead?
By Bruce Firestone | Uncategorized
Maybe. Maybe not. I read this morning in the Washington Post https://www.washingtonpost.com/news/business/wp/2017/04/05/the-troubles-at-the-american-mall-are-coming-to-a-boil/?tid=pm_business_pop&utm_term=.162bbecad2ff that America is way overstored (it apparently has the most retail square footage per capita of any nation) and online shopping is undermining physical locations. Furthermore, millennials are abandoning large department stores in favor of smaller boutiques. So are large regional malls dead? Maybe not. […]