Friday, January 13, 2017

As department stores exit, mall makeovers begin

Image result for macy's closingAs big-name retailers prepare to close hundreds of stores this year, many traditional shopping malls and the communities where they reside face a disturbing dilemma: What to do with all that empty space?

For healthier malls, it may come down to cutting deals with new types of retail tenants. But for modest and marginal shopping centers, filling space will require thinking outside the traditional big beige mall and repurposing all or some of these enormous spaces to meet radically different demands.. . . moreMall customersMall customersMall customersMall customers

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