Anchors, Away: How Department Stores Are Ditching Malls
Nov 13, 2020
When department stores took their cavernous stores with their varied assortments, savvy buyers and attentive associates to the mall decades ago, it was a win-win. The retailers could more easily reach all the customers who were filling up the suburbs, and the malls could chase that footfall up and down their corridors and into their smaller inline specialty tenants. These days, it’s more of a no-win situation. The question is, have malls chased away the anchors that once flocked to them, or have department stores disappointed as anchors? Read more at Retail Dive.
