There may be just 150 malls left in the US in 10 years, according to one industry watcher. There are currently around 700 malls in the US, down from 2,500 in the 1980s. Malls have suffered as online ...
The malls of America have begun to recover from the consumer exodus spurred on by the COVID-19 pandemic. Well, at least some of the malls have, according to a study from Coresight Research, which ...
We've changed the way we shop in America dramatically. You can see some of the latest changes in what's left of American shopping malls. One industry group says at least a quarter of the malls in the ...
Retail experts have long sounded the alarm on malls in the US. But malls are not going extinct, they are merely adapting to a new environment. In fact, many have reported robust occupancy levels and ...
Brookfield Property Partners agreed to throw in the towel on three struggling malls owned by the real-estate giant, with the possibility of more to come, as it goes private in an $6.5 billion deal, ...
The role of sit-down restaurants in the renaissance of many suburban malls was the topic of a CNBC report Thursday. It explained that while shopping centers have long hosted fast-food chains offering ...
Gen Z hasn’t crossed over into the metaverse just yet. Retail experts say these young shoppers have helped malls bounce back after the downturn brought on by the pandemic, in part because the digital ...
Decades ago, Americans flocked to Main Street to shop. A string of small family-owned stores stood next to each other along a tree-lined block or two, displaying their goods through large welcoming ...
Igal Namdar and Elliot Nassim first teamed up a decade ago to buy problem U.S. shopping malls. Now they rank among the biggest all-cash buyers of the nation’s hard-luck malls. The pandemic has made it ...
Forbes contributors publish independent expert analyses and insights. Part of American pop culture, synonymous with the age of the automobile, the rise of consumerism and the death of small town Main ...
The owner of Westfield malls, familiar to passersby for decades for their bright-red logo signs, plans to sell all its properties in the U.S. as pandemic fears have sped changes to how people shop.
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