Open-air shopping centers – also called strip malls or strip centers – are replacing malls as retail juggernauts, offering necessities like grocery stores, hair salons and dentists, The Wall Street Journal reported on Tuesday (Jan.14). Predating malls, the outdoor centers offer merchandise and services that...
The vacancy rate at malls around the country hit 8.6 percent in the second quarter, marking the highest level since back in 2012 when the U.S. was crawling out of the last recession. According to a report in The Wall Street Journal, citing data from...
January 15, 2024
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 (WSJ) report, which said that a number of brands are turning to shopping centers and strip malls after seeing those locations attract more sales while costing less. “These retailers are going […]
January 14, 2020
Open-air shopping centers – also called strip malls or strip centers – are replacing malls as retail juggernauts, offering necessities like grocery stores, hair salons and dentists, The Wall Street...
July 03, 2018
The vacancy rate at malls around the country hit 8.6 percent in the second quarter, marking the highest level since back in 2012 when the U.S. was crawling out of...
