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Stores That Defined American Malls Eye a Freestanding Future
- Mall stalwarts from Macy’s to Kay test more off-mall options
- Retailers drawn by lower rents, better sales performance
Photographer: Al Bello/Getty Images North
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Quintessential mall stores from Macy’s Inc. to Kay Jewelers to Gap Inc. are plotting out a post-Covid future -- and traditional shopping centers won’t play as much of a role in it.
Signet Jewelers Ltd., which owns chains such as Kay and Zales, said this past week it will expand in off-mall locations while continuing to pull back from the old-school gallerias where it has long had a major presence. The company also plans to add more kiosks in underserved markets.