The “Great Mall Resurgence” in the American retail market
Inside Retail
JUNE 27, 2024
The multi-store shopping centre steadily grew in popularity in the US, hitting peak popularity in the 1980s. According to a report released by real estate agency Cushman & Wakefield, in the first quarter of 2024, shopping center vacancy reached 5.4 As Baird warned, “Retailers need to pick their malls carefully.
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