Business Insider
Despite the retail apocalypse claiming stores across the country, some
of the most successful malls in the US are bringing in more than $1,000
per square foot in sales.
According to research by the boutique
firm Boenning & Scattergood, which was reported by CNBC, the 20 most
valuable malls in America bring in around $21 billion in retail sales
each year. These malls, owned by the likes of Simon Property Group and
Westfield, have few vacancies. In addition to traditional stores, many
of the most valuable malls include food halls with local eateries,
pop-up shops, and grocers, plus experiences like movie screenings or
concerts.. . . more
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