Should Shopping Malls Be Bailing Out Ailing Retailers?
Shopping malls have dramatically evolved in the decade since the financial markets' collapse sent the retail sector into a tailspin. No longer simply a place to browse for clothes, they've been turned into branding showcases, amusement parks, and even destinations to pick up your e-commerce orders.
Although traditional retailing remains at the core of the appeal of a mall, the bankruptcies of retailers like Sears and Payless, as well as store closures by J.C. Penney, Macy's, and many other chains, mean the shopping mall is not a healthy place.
Malls saving retailers could save malls from becoming ghost towns. Image source: Getty Images.
Source Fool.com
