The “Great Mall Resurgence” in the American retail market
Inside Retail
JUNE 27, 2024
The mall concept as we know it began in 1956 with the opening of the Southdale Center in Edina, Minnesota. The multi-store shopping centre steadily grew in popularity in the US, hitting peak popularity in the 1980s. As Baird warned, “Retailers need to pick their malls carefully. per cent and 1.0 per cent lower, respectively.
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