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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.
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 ...
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 ...
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.
"What It's Like to Work in the Last Big Store in a Dying Mall", Kate Seamons, Newser, January 2, 2018; Videos "American shopping malls struggle to survive". CBS Sunday Morning. CBS. 30 March 2014. "The rise and fall of the American shopping mall". PBS Newshour. PBS. 28 November 2014. "What America's shopping mall decline means for social space".
In 2017, according to the Colombian Shopping Malls Association (Acecolombia), 13 new shopping malls were opened in the country that contributed an additional 305,013 m 2 compared to the closing ...
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 ...