From Retail Palace to Zombie Mall: How Efficiency Killed the Department Store
May 5th, 2014
The once-vibrant shopping mall has one foot in the grave these days. About 20 percent of the 2,000 largest U.S. malls were failing in 2008, and by 2012, only 1,513 remained in operation. Current numbers predict more than 200 existing big malls will collapse in the next 10 years.
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