Millennials’ Behavior Is Good, Bad and Ugly for Retail
Domo
MAY 20, 2014
Some recent stats show another startling shift in the world of retail—about 15% of US malls will fail or be converted into non-retail space within the next 10 years, according to Green Street Advisors. Retail consultant Howard Davidowitz also expects as much as 50% of America’s shopping malls to fail in as little as 15 – 20 years. That sounds pretty bleak.
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