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Podcast: 1A
Episode:

Heading Back To The American Mall

Category: News & Politics
Duration: 00:34:23
Publish Date: 2023-12-18 23:18:24
Description: Retail experts have long said that U.S. malls are dying out. But a recent market analysis paints a different picture.

According to a report from Coresight Research published in June, foot-traffic in top-tier malls was up 12 percent in 2022 compared to before the pandemic. Last year, these same malls had more than 95 percent occupancy rates.

Younger shoppers are in part driving this resurgence. Approximately 73 percent of Gen-Z shoppers said they visited a mall in the past month.

We discuss why malls are making a comeback and how they're keeping up with online shopping.

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