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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 ...
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. [ 144 ] Godiva Chocolatier closed all of its North American retail locations in 2021 after the chocolate company faced a decrease in sales and foot traffic.
Find: Macy’s to Close 37 Stores as the Retail Apocalypse Continues in 2021 NBC News on Tuesday reported that over the last several months, Amazon has gone on a shopping spree with a number of ...
Retail experts have long sounded the alarm on malls in the US. But malls are not going extinct, they are merely adapting to a new environment. In fact, many have reported robust occupancy levels ...
The gadgets and unique gifts store said it would be closing all of its remaining mall locations. It is looking for a buyer to take on its more successful e-commerce business and airport stores.
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 ...
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.
Maryvale Mall; Mayfield Mall; McAlister Square; McFarland Mall; Meadowbrook Village Mall; Memorial Mall; Mercury Plaza Mall; Metcalf South Shopping Center; Metro North Mall; Metrocenter (Phoenix, Arizona) Metrocenter Mall (Jackson, Mississippi) Midtown Plaza (Rochester, New York) Midway Mall; Midway Mall (Sherman, Texas) Military Circle Mall