Struggling retailers affecting U.S. malls

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21 May 2019 à 11h28

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2 minutes

Publication: 21 May 2019 à 11h28

Reading time: 2 minutes

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Publication

21 May 2019 à 11h28

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2 minutes

Publication: 21 May 2019 à 11h28

Reading time: 2 minutes

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In the U.S.A, mall vacancy rates rose from 9% in Q4 2018 to 9.3% in Q1 2019. According to the property research firm REIS Inc. this is the highest vacancy rate since the third quarter of 2011, measured at 9.4%. With the continued rise of online sales, physical retailers are losing business in the U.S.A., with a corresponding downturn effect within malls. Retailers are now much more selective when it comes to when and where they open new physical stores. Many mall owners and investors are facing

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