Smaller cities don’t know what to do with their shuttered malls
2 Articles
2 Articles
Shopping malls experience a time of strong transformation ranging from their options to attract visitors to competition with sales in lines and other formats.In the new episode of ‘Money, Podcast and Business’ we analyze what consumers are looking for when they go to ‘mall’ and how they seek to satisfy new consumption habits.
Smaller cities don’t know what to do with their shuttered malls
Across the country, once-thriving malls are closing their doors, leaving behind hollowed-out buildings, shrinking tax bases, and tough questions about what to do next, The New York Times writes. Roughly 10 to 20 U.S. malls shut down each year, and many more are teetering on the edge. While some communities have successfully redeveloped aging retail centers into housing, health care hubs, or sports facilities, others remain mired in financial g…
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