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After the pandemic what next for malls and their fate
After the pandemic malls face a reckoning with weaker properties likely to shrink further amid slim foot traffic and rising online shopping. Top tier centers with luxury brands and experiences may rebound in 2021 while many B and C malls struggle or shutter, as occupancy and rent payments lag and store closures rise.
MENTIONED IN THIS ARTICLE
Sears
Macy’s
U.S
Neil Saunders
Global Data
Francesca’s
Staples
Tom McGee
International Council of Shopping Centers
Simon Property Group
Coresight Research
Macerich
J.G. Penney
Nordstrom
Chesecake Factory
Sensormatic
Placer.ai
IHS Markit
Hilding Anderson
Ccatesy North America
Publicis Sapient
Ok USA Today
CoStar Group
Saunders
Apple
Lululemon
McGee
Bill Taubman
Taubman Centers
USA Today
COVID
Sara Skirbell
Skirbell