malls

Retailers Rethink Malls as Other Locations Report Stronger Sales
Retailers Rethink Malls as Other Locations Report Stronger Sales
January 15, 2024  |  Retail

In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal...

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‘Zombie Malls’ Plague Towns as Tax Bases Dry Up
‘Zombie Malls’ Plague Towns as Tax Bases Dry Up
November 26, 2023  |  Retail

All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26),  hundreds of these...

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Westfield Owner Rethinks Mall Plans as Brick-and-Mortar Persists
Westfield Owner Rethinks Mall Plans as Brick-and-Mortar Persists
September 12, 2023  |  Retail

The owner of the Westfield malls group is reportedly rethinking its plan to exit the U.S. Instead, The Wall Street Journal reported Tuesday (Sept. 12), Paris-based Unibail-Rodamco-Westfield will hold...

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Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
July 31, 2023  |  Retail

Seven years after their valuations peaked, America’s malls are on the ropes. As The Wall Street Journal (WSJ) reported Monday (July 31), the country’s older and lower-end...

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Thinking Small Might Be Retail’s New Big Trend
Thinking Small Might Be Retail’s New Big Trend
May 31, 2023  |  Retail

Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Marking a significant shift in retailer strategy, major stores...

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Five Below Expands Retail Footprint With Simon
Five Below Expands Retail Footprint With Simon
May 19, 2023  |  Retail

Specialty discount retailer Five Below has unveiled plans to expand through Simon’s retail portfolio, including its Premium Outlets. The expansion with Simon will encompass a range...

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Report: Malls Offer Preview of Commercial Real Estate Collapse
Report: Malls Offer Preview of Commercial Real Estate Collapse
February 19, 2023  |  Real Estate

Are malls the canary in the commercial real estate coal mine? A recent Bloomberg News report warns that the collapse of the American mall industry...

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Simon Property Swaps Eddie Bauer for Larger Stake in Authentic Brands Group
Simon Property Swaps Eddie Bauer for Larger Stake in Authentic Brands Group
February 07, 2023  |  Retail

Simon Property has traded Eddie Bauer for a bigger piece of Authentic Brands. The CEO of America’s largest mall owner made the announcement Monday (Feb....

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History Suggests Black Friday ‘22 Could See Similar Consumer Response Amid Sales Fatigue
History Suggests Black Friday ‘22 Could See Similar Consumer Response Amid Sales Fatigue
November 07, 2022  |  Retail

The holiday shopping headwinds are completely different this year than last, but PYMNTS research suggests the impact on consumers’ buying habits could mirror those reported...

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