Search results
Results from the WOW.Com Content Network
A dead mall, [1] also known as a ghost mall or zombie mall, is a shopping mall that has low consumer traffic or is deteriorating in some manner. [2] Many malls in North America are considered "dead" when they have no surviving anchor store or successor that could attract people to the mall. Without the pedestrian traffic that department stores ...
GNC closed over 900 stores in 2019, including between 300 and 400 of the chain's 800 shopping mall locations, which have been particularly hard-hit by declining foot traffic at malls overall. [146] Godiva Chocolatier closed all of its North American retail locations in 2021 after the chocolate company faced a decrease in sales and foot traffic ...
An analysis by Coresight Research found that between 2016 and 2019, Amazon converted about 25 shopping malls into distribution facilities. That pace should quicken amid a bricks-and-mortar retail ...
We’re talking about the shopping mall, the after-school hangout of tweens and teens everywhere, which has not-so-quietly dwindled from 2,500 sprawling clusters of stores nationw.
Vallco Shopping Mall (formerly called Cupertino Square and originally Vallco Fashion Park) is a mostly-demolished dead mall located in Cupertino, California, United States.. Originally built as a single-story shopping mall in 1976 with a lower level added in 1988 and a third-level movie theater added in 2007, it was anchored for most of its existence by Macy's, Sears, and J.C. Penn
California, once the land of opportunity, innovation and prosperity, is seeing an exodus of businesses moving their headquarters to other states. The latest came on February 13, when In-N-Out ...
Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
Another reason for malls shunning windows did have something to do with the merchandising, Burt Flickinger, retail expert and managing director of retail consultancy Strategic Resource Group told CNN.