While the nationwide retail apocalypse has led to lost jobs and terrible liquidation sales, there’s one piece of good news for consumers and for the companies that own malls. As old-fashioned anchors like Sears and JCPenney move out, more diverse stores, restaurants, and entertainment venues are moving in, and they’re paying much higher rents. [More]
mall developers
Mall Owners Will Really Miss RadioShack
By 2.5.15
RadioShack no longer serves an important role in most American consumers’ everyday lives. Yet one group will miss the chain quite a bit: mall developers, who will need to find replacement tenants for about 2,000 current Shacks that are expected to close. [More]
