Green Street Advisors, a firm that tracks the performance of the mall industry, recently told The New York Times that the increased number of mall vacancies signals the onset of the “death spiral” of malls in the United States.
The 'Death Spiral' Of U.S. Malls
One of the main causes of the "death spiral" of malls in the United States has been the bankruptcies, and subsequent liquidations, of many retailers that were once household names -- and often a mall's anchor tenants.
By
Eric S. Chafetz
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