LA Times (September 11)
2018/ 09/ 13 by jd in Global News
“America’s malls are dying. Owners are hoping virtual reality and fitness centers will save them.” As merchants increasingly withdraw in the face of e-tailers, Credit Suisse “recently predicted 20% to 25% of U.S. malls will shut down within five years…. To survive, malls need to set aside long-established models that rely on two or more anchor tenants to draw customers and, instead, develop a mixture of retail, entertainment and housing.”
Tags: Anchor tenants, Credit Suisse, Customers, Dying, e-tailers, Entertainment, Fitness, Housing, Malls, Retail, U.S., Virtual reality
