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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. [141] Godiva Chocolatier closed all of its North American retail locations in 2021 after the chocolate company faced a decrease in sales and foot traffic ...
Plaza slows to a crawl. Plaza development stalled when the pandemic hit in 2020, Davies said. There was a shortage of materials, a doubling or tripling of delivery times, and rising costs.
New World Department Store is a former shopping centre and department store in Bangkok, Thailand. It stood on the corner of Bang Lamphu Intersection and operated from 1983 until 2004, when the building partially collapsed during a long-delayed court-ordered demolition of illegally built floors, killing one person.
Woodbridge Center, like major malls across the country, has struggled with the rise of online shopping. McCormac said the mall has done an admirable job of diversifying outside of retail by ...
Steven Kurutz of The New York Times compared the series with its soothing voice-over and retro-synth vaporwave music to Michael Galinsky's time-capsule photo book Malls Across America, stating, "they evoke the same fuzzy '80s nostalgia[,] even as they offer an unsettling visual document of the retail apocalypse that changing consumer habits, e ...
The number of U.S. malls fell by nearly 17% every year from 2017 to 2022, CapitalOne Shopping Research found, and many of their longtime anchor retailers have struggled. Lord & Taylor emerged from ...
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 ...
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