Apr
09
The Whole ‘Malls Are Dying’ Thing Is Getting Old, Say Mall CEOs
By-
Clothing stores now occupy less space in shopping centers
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Malls are mixing it up by adding grocery stores, doctors
Traditional retailers, whose obituaries have been started and scrapped for years, are on the critical list again, with stores shuttering and e-commerce giants like Amazon.com Inc. in ascendance.
Executives say put the death notices away, at least for one category. Malls aren’t going extinct — they’re changing, sometimes by healthy natural selection. While store closures are painful, often they represent a Darwinian moment, allowing a shopping center to refresh its mix by adding a grocery market or an Apple store…
The Whole ‘Malls Are Dying’ Thing Is Getting Old, Say Mall CEOs