Archive for January 2013
The idea that shopping malls—and brick and mortar retail establishments in general—are having a tough time due to the growth of online shopping is not particularly new. It’s getting tougher.
It’s true: America has too many malls, too much retail space in those malls, and vacancy rates are increasing. This is due in large part to stagnant consumer demand, but the major factor is the rise of e-commerce. Read the rest of this entry »