How American malls survived the slow death of department stores
Publishing timestamp: 2024-04-14 09:00:01
Summary
Department stores in American malls are struggling, leading to closures of familiar retailers. Top-tier malls are shifting towards experiential models with success, while lower-tier malls are feeling the effects more acutely. Mall owners are focusing on omnichannel strategies to boost sales.
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Keywords: labor economy, business, retail industry, breaking news: markets, business news, macy's inc, stock markets, breaking news: business, food and drink, markets, u.s. economy, personnel,
Source: https://www.cnbc.com/2024/04/14/how-american-malls-survived-the-slow-death-of-department-stores.html