How Macy’s closures will set off a wave of changes at shopping malls and reshape the suburbs

The American shopping experience is heading for a radical transformation as malls across the nation face up to the retreat of retail giants that have kept them in business for generations.

Macy’s has begun shuttering 150 of its stores as consumers increasingly turn to online shopping and budget retailers.

And other big names including Dillards, JCPenney and Neiman Marcus have joined the exodus, leaving many retail parks without the anchor tenants on which they depend. Read more at The Daily Mail.