Shopping malls are facing major problems, with one analyst predicting more than half of the shopping malls across the country will either shutter their doors or struggle during the next few years. According to the report, shopping malls are getting hurt by online competition, with online sales growing...
The fate of the malls of America has been a favored topic of discussion in recent years, particularly as the fortunes of malls and their operators have come to look increasingly tenuous. This has been particularly clear in 2016 as anchor stores, like Macy’s and...
March 09, 2017
Shopping malls are facing major problems, with one analyst predicting more than half of the shopping malls across the country will either shutter their doors or struggle during the next few years. According to the report, shopping malls are getting hurt by online competition, with online sales growing 22 percent in 2016 to $3.34 billion. Meanwhile, sales at […]
