Mall Owners Have a Promising Future
This year’s RECon convention exuded a positive energy, bringing to light a more promising future for retail than seen in years’ past. Although many would say that growing vacancies in malls indicate a decline in the world of bricks-and-mortar retail, others are suggesting they are bringing more opportunity to mall owners. Lauren Thomas explains, “The sky is the limit for what you can do [in malls]”, with proposed experience-focused redevelopments now including apartments and hotels to increase consumer draw. For the full article, click on the link below.
https://www.cnbc.com/2018/05/23/us-mall-owners-look-to-apartments-and-hotels-to-replace-sears.html