In February, 2017, Macy’s contracted CBRE Inc. Real Estate to sell 32 locations in 20 states, many of which were in shopping malls. Toys R Us and JCPenney are among other brick and mortar retail chains struggling to survive, this all according to MassLive.com.
In the past, malls relied on these so-called anchor stores. Now that they are closing their doors, the American shopping mall is in jeopardy.. . . more