The Shopping-Mall Crisis Is Getting More Ominous - Business Insider


Business Insider

The Shopping-Mall Crisis Is Getting More Ominous
Business Insider
Retail consultant Howard Davidowitz expects as many as half of America's 1,200 shopping malls to fail within 15 to 20 years. He predicts that only upscale shopping centers with anchors like Nordstrom, Saks Fifth Avenue, and Neiman Marcus will survive.
Why no one likes indoor malls any moreWashington Post (blog)

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The Shopping Mall Crisis Is Getting More Ominous

Dozens of shopping malls across the US are struggling to survive. More than two dozen malls have shut down in the last four years and another 60 malls are on the brink of death, the New York Times reports, citing Green Street Advisors, a real estate and REIT analytics firm.

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