The mall of the future: Less retail, more content
BD+C
AUGUST 25, 2021
To survive, however, they need to become places that are about much more than retail transactions. Hundreds of American malls shuttered after the 2007-09 recession. And retail researchers estimate 25% of America’s roughly 1,000 remaining large malls will close over the next 3 to 5 years. Honestly, malls are in decline.
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