Malls Shop No More !

I have been noticing a trend when I go to some on the malls in the northeast.  Many of the large anchor stores are closing.  Macys, Wal-Mart even Target will be closing 11 stores in 2016.  Is this a sign of the economy or online shopping?


Although it is understandable for these companies to close stores that don't turn a profit it leaves us and the mall in a no-win situation.  Analysts predict that nearly 50% of malls will close in the next 20 years.
I guess malls aren't so hip anymore !

No comments: