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While the “malls are dying” narrative has has been prevalent for a while, foot traffic is up at shopping centers serving more affluent consumers.
Lloyd Center in Portland, Oregon, is leasing to local small businesses to keep up foot traffic.
The chain has benefited from ’90s fashion trends, a good supply chain and looking outside of malls, says Elizabeth Segran of Fast Company.
Outdoor shopping centers have become more popular as consumers look for convenience.
In a new book, design critic Alexandra Lange describes how design played a major role in the shopping mall’s successes and failures.
With abundant parking and layouts that are easy to navigate, one-time shopping malls are attractive to some medical facilities looking to expand.
More people are purchasing online but one mall in Shanghai is able to pull young consumers back into stores.
But cities, who don’t want to give up sales tax revenue, and stores may not be quick to give up mall space.
Mall real estate is facing a crisis with department store sales down and bankruptcies up.
Walmart, Target and Best Buy won’t open on the holiday this year to jump-start the traditional extreme-shopping weekend.