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With abundant parking and layouts that are easy to navigate, one-time shopping malls are attractive to some medical facilities looking to expand.
Some stores in the complex didn’t survive pandemic closures, but other tenants expanded or relocated.
Retail centers in wealthy neighborhoods with high-end shops have survived, but middle- and lower-tier malls may struggle.
Retailers realize the pandemic has also shifted a lot of shopping online.
From Victoria’s Secret to J.C. Penney, struggling retailers have taken a couple of different paths to try to remain in business.
The commercial landlord agreed to lower mall retailers’ base rents for a bigger cut of their sales.
When a customer refuses to wear a mask inside the Butte Plaza Mall, manager Alana Ferko gets called in to help.
The dominoes just keep falling: Banks, utilities, internal employees, maintenance crews — they could all lose out.
Mall real estate is facing a crisis with department store sales down and bankruptcies up.
They can’t let the retailer fail.