Malls

Mall real estate is facing a crisis with department store sales down and bankruptcies up.

They can’t let the retailer fail.

After closing for a month, the Butte Plaza Mall sees an increase in foot traffic and acceptance of new rules.

The venerable department store is closing all 38 of its brick-and-mortar locations after filing for Chapter 11 bankruptcy.

But for those other mall tenants, sharing space with Amazon might feel like an insult.

Malls were already having a tough time before COVID-19 with the rise in online shopping. The pandemic accelerated those e-commerce trends.

They were struggling before the coronavirus pandemic. If anchor stores close, that could have a domino effect on smaller shops.

Nearly half of the malls owned by Simon Property Group and Brookfield have a Forever 21 in them.

A call center is bringing new hope — and jobs — to a burdened mall.

After years of watching department stores fall, a mall turns to the mixed-use concept.