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Marketplace Morning Report
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This Is Uncomfortable
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Marketplace Morning Report

Coal comfort

Sep 12, 2019
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When the mall "anchor" is a medical center

by Amy Scott Sep 13, 2019
More shopping centers are turning to non-retail tenants.
A Forever 21 store in Chicago in 2014.
Timothy Hiatt/Getty Images for Forever 21

How turning retail space into office space could pay off in Butte, Montana

by Kai Ryssdal and Bennett Purser Apr 23, 2019
A call center is bringing new hope — and jobs — to a burdened mall.
Oli Scarff/Getty Images

Experiential shopping doesn't seem to be helping malls

by Ben Bradford Apr 16, 2019
A new study shows that adding experiential stores to malls doesn't seem to be increase customer foot traffic.
An ornate lighting fixture hangs in the lobby connecting a parking structure to the main area of the Americana at Brand shopping community in Glendale, California.
Shea Huffman/Marketplace

A Montana mall gets another chance

by Kai Ryssdal and Bennett Purser Jan 16, 2019
After years of watching department stores fall, a mall turns to the mixed-use concept.
“If there's one thing that retailers do, it's that we adapt," said Butte Plaza Mall manager Alana Ferko. “If you don't adapt, you'll go the way of the dinosaur."
Oli Scarff/Getty Images

Higher tariffs on consumer goods resonate at a Texas Walmart

by Andy Uhler Aug 2, 2018
On Wednesday, the Trump administration unveiled a proposal for even higher tariffs on many consumer goods imported from China. We went to a shopping center in Austin, Texas, to find out what buyers of those goods thought about the plan.…
A customer carries merchandise through a Walmart Supercenter.
Rick T. Wilking/Getty Images

A mall in Montana lost its department store ... again

by Kai Ryssdal and Bennett Purser Jul 30, 2018
When managing a shopping center, "every day is a fresh opportunity for creative problem solving."
People exit a subway into a Manhattan shopping mall on June 28, 2018 in New York City. The American economy showed the weakest performance in consumer spending in nearly five years new numbers from the Commerce Department show. Despite the drop in consumer spending, the gross domestic product (GDP) increased at a 2.0 percent annual rate in the January-March period to give a mixed picture on the state of the American economy.
Spencer Platt/Getty Images

As retailers shutter stores, mall operators fight back

by Erika Beras Jan 3, 2018
This year could see thousands of additional store closures in malls across the country, according to a new study from commercial real estate company Cushman & Wakefield. That’s on top of some 9,000 store closings last year. Mall operators are…

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The retail industry got a gift this holiday season

by Shaheen Ainpour Jan 2, 2018
Retailers posted strong sales in late 2017, despite the growth of online shopping.
 “2017 was a real rocky road for a lot of retailers, especially in the apparel sector,” says Elizabeth Holmes, who covers retail. Above, Christmas Eve shoppers in New York City in 2015.
Kena Betancur/Getty Images

Westfield mall owner agrees to sale

by Aaron Schrank Dec 12, 2017
Europe’s largest commercial landlord, Unibail-Rodamco, announced plans today to buy the Westfield Corp. for almost $16 billion. Westfield is an Australian company that has 35 mostly upscale malls in prime locations across the United States and United Kingdom. But even…

Are mall-based clothing stores doomed?

by Andy Uhler May 3, 2016
Mall brands take another hit with news of Aeropostle's reported plans to file for bankruptcy.
KAREN BLEIER/AFP/Getty Images