Deals
Shopping Mall Executives Say the Future Isn't So Gloomy
- ‘We’re trying to arm our people with facts,’ broker says
- Store closures, bankruptcies color shopping-center conference
Why We May Be Seeing the End of Brick-and-Mortar Retail
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Retailers and shopping-center owners are gathering in Las Vegas this week prepared to send a message: The demise of the American mall has been greatly exaggerated. Or, in the language of the moment, it’s fake news -- mostly.
It’s a hard story to sell. Store closures are accelerating, stocks are sinking and investors are speculating which struggling chains might be next to file for bankruptcy, while consumers buy more and more of what they need online.