Tuesday, March 5, 2019

Amazon, Long Seen as a Threat to Malls, Is Now a Hot Tenant

The Wall Street Journal
Shopping center owners have long blasted Amazon.com Inc. as a destroyer of their business. Now some are starting to view Amazon as a potential savior.

At a time when Sears Holdings Corp. and Macy’s Inc. are shutting down stores, and many malls are struggling to attract high-profile tenants to fill empty spaces, the giant online retailer has been ramping up its presence in physical retail. . . . more