“You can throw a rock and hit a mall that’s half empty these days,” said Andrew Brezina, principal at CRTKL. Over the past 40 years, malls have been on a slow, steady decline to irrelevancy. Back in ...
The outlet mall industry has been disturbed since the 2020 pandemic. Outlet mall visits in June 2022 were down 6.7% year-over-year and 14.3% from 2019. Only 10% of US internet users planned to shop at ...
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