Tuesday, October 8, 2019

These Customers Are Giving Shopping Malls a Fighting Chance

Footwear News
For a mall to thrive, it needs people to shop — but with so many department stores shuttering doors and an increasing share of consumer spending moving online, are Americans still spending their downtime in these air-conditioned icons of suburbia?

The answer: Yes, but it’s complicated.

Across all demographics, mall shopping declined 7.6% in 2018 year-over-year, while non-mall shopping rose 0.5%, according to a recent report from Deloitte. . . . more