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Offering shoppers new experiences isn't helping: Malls hit with store closure tsunami, falling traffic

https://www.cnbc.com/2019/04/15/malls-see-tsunami-of-store-closures-as-foot-traffic-declines-further.html
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Apr 15, 2019 10:00 AM 6+ day ago

UPDATE: Shopping malls hit with store closure tsunami, falling traffic...

Offering shoppers new experiences isn't helping as malls see tsunami of store closures, falling traffic

It's only April, but already this year more store closures -- nearly 6,000 -- have been announced than in all of 2018.

Foot traffic at some of the best shopping centers across the country peaked around August of 2018 and has since started to fall, after rebounding for much of last year, according to a new report from data analytics firm Thasos, which uses more than 100 million mobile phones to track when consumers enter and leave certain trade areas.

The good news for a lot of malls was that many retailers made a "comeback" and were able to draw in more shoppers by using promotions in 2018, John Collins, Thasos co-founder and chief product officer, said. "But if you're selling merchandise at a loss, you can only do that ...

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Offering shoppers new experiences isnt helping: Malls hit with store closure tsunami, falling traffic

Offering shoppers new experiences isn't helping: Malls hit with store closure tsunami, falling traffic

cnbc.com     6+ day ago

Offering shoppers new experiences isn't helping as malls see tsunami of store closures, falling traffic It's only April, but already this year more store closures -- nearly 6,000 ...

Gap, Victorias Secret and even Tesla: 4,300 store closures already announced this year

Gap, Victoria's Secret and even Tesla: 4,300 store closures already announced this year

cnbc.com     1+ mon ago

A recent wave of store closure announcements will hit shopping malls across the U.S., leaving hundreds of storefronts empty. Just this week, Victoria's Secret said it will shut ar...

Epidemic of empty stores threatens shopping malls...

freep.com     6+ mon ago

More once-thriving malls are coping with more vacancies and lower leasing rates. Which shopping center will become the next Northland or Summit Place? JC Reindl, Detroit Free Press Published 6:00 a.m...

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Survivors of the tsunami that killed at least 373 people in Indonesia over the weekend are bracing for a possible second series of waves -- while officials revealed on Monday that the tsunami-warning ...

More trouble for malls: New wave of store closures...

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cnbc.com     4+ mon ago

A pedestrian passes in front of a Gap Inc. store in Miami Beach, Florida. Mall and shopping center owners across the U.S. are preparing to be hit by more store closures, following...

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Published 1:41 PM ET Thu, 15 Nov 2018 Updated 2:48 PM ET Thu, 15 Nov 2018 CNBC.com Nike has opened a new cutting-edge, 68,000 square foot flagship store in New York City that executives hope will cha...

UPDATE: Indonesia tsunami death toll nears 400...

dailymail.co.uk     6+ mon ago

At least 384 dead in Indonesian tsunami: Aerial photos show scale of devastation after huge 10ft wave wipes out a beach festival -sweeping partygoers to their deaths and obliterati...

Malls Take Beating...

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fortune.com     1+ mon ago

You can't blame America's teenagers for no longer congregating at the mall like generations past: There aren't all that many stores left. In the last 48 hours alone, several shopp...


Offering shoppers new experiences isnt helping: Malls hit with store closure tsunami, falling traffic

Offering shoppers new experiences isn't helping: Malls hit with store closure tsunami, falling traffic

cnbc.com     6+ day ago

Offering shoppers new experiences isn't helping as malls see tsunami of store closures, falling traffic It's only April, but already this year more store closures -- nearly 6,000 ...

YouTube is obsessed with abandoned shopping malls

news.avclub.com     8+ mon ago

YouTube is obsessed with abandoned shopping malls If you take a look at the top trending list on YouTube today, you ll find the above video. For anyone familiar with creepypasta or the type of stuff...

The Latest: Tsunami-hit Indonesia shopping mall being...

dailymail.co.uk     6+ mon ago

11:15 a.m. Looters are stealing items from a shopping mall badly damaged by a massive earthquake and tsunami in the hard-hit Indonesian city of Palu in cent...

Malls Packed for Post-Christmas Shopping

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nbcbayarea.com     3+ mon ago

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The Latest: Tsunami-hit Indonesia shopping mall being looted

washingtontimes.com     6+ mon ago

PALU, Indonesia (AP) - The Latest on a powerful earthquake and tsunami that hit Indonesia (all times local): 11:15 a.m. ...

The Latest: Tsunami-hit Indonesia shopping mall being looted

macon.com     6+ mon ago

People survey the damage following earthquakes and a tsunami in Palu, Central Sulawesi, Indonesia, Sunday, Sept. 30, 2018. A tsunami swept away buildings and killed large number of peopl...

Gap, Victorias Secret and even Tesla: 4,300 store closures already announced this year

Gap, Victoria's Secret and even Tesla: 4,300 store closures already announced this year

cnbc.com     1+ mon ago

A recent wave of store closure announcements will hit shopping malls across the U.S., leaving hundreds of storefronts empty. Just this week, Victoria's Secret said it will shut ar...

Epidemic of empty stores threatens shopping malls...

freep.com     6+ mon ago

More once-thriving malls are coping with more vacancies and lower leasing rates. Which shopping center will become the next Northland or Summit Place? JC Reindl, Detroit Free Press Published 6:00 a.m...

Two Maine shopping malls up for auction

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pressherald.com     3+ mon ago

Irvine, California-based auction house Ten-X is advertising separate auctions for the Bangor Mall and Aroostook Centre Mall on its website. The auction for the Bangor Mall is sche...

Wild boars in streets and shopping malls

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cnn.com     2+ mon ago

(CNN)Last May, Australian Liz Walsh, her husband and their 2-year-old twins, moved into a 30-story apartment block in an upmarket residential area near Hong Kong's financial and bu...

Inside America   s Most Haunting Abandoned Shopping Malls With Photographer Seph Lawless

Inside America s Most Haunting Abandoned Shopping Malls With Photographer Seph Lawless

footwearnews.com     1+ week ago

Back in the '80s and '90s, shopping malls were in their heyday. Across the United States, the commercial powerhouses served as a consumerist's haven, inviting families, friends and...

Inside America s Most Haunting Abandoned Shopping Malls With Photographer Seph Lawless

msn.com     1+ week ago

Back in the '80s and '90s, shopping malls were in their heyday. Across the United States, the commercial powerhouses served as a consumerist's haven, inviting families, friends and other patrons who w...

Inside America s Most Haunting Abandoned Shopping Malls With Photographer Seph Lawless

sg.style.yahoo.com     1+ week ago

Back in the '80s and '90s, shopping malls were in their heyday. Across the United States, the commercial powerhouses served as a consumerist's haven, inviting families, friends and other patrons who w...

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bizjournals.com     1+ mon ago

Yet another mall-centric fast-fashion retailer is shuttering all of its stores, leaving vacancies in nine Houston-area malls. Charlotte Russe, which filed for Chapter 11 bankruptcy protection in earl...

The Dayton area's largest shopping centers and malls

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The first blast furnace in Ohio opened in 1802 near Youngstown, producing two tons of iron a day, according to the Ohio Steel Council. ...

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August 13, 2018 by The drop in the worthiness of the Turkish lira have not only resulted in a rise in the quantity of tourists this year in Turkey, but has affected the retail ...

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Karachi s Buffer Zone slowly disappearing under shopping malls September 13, 2018 Encroachments on footpaths, parking lo...

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thejakartapost.com     9+ mon ago

Thirteen shopping malls in Jakarta will conduct midnight sales as part of the 2018 Festival Jakarta Great Sale from August 12 to September 1. (Shutterstock/Sonpichit Salangsing) As part of the 2018 F...

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nbc15.com     3+ mon ago

MADISON, Wis. (WMTV) -- Madison malls like West Towne and Hilldale were packed with shoppers looking to buy their last few Christmas gifts on Saturday. A National Retail Federatio...

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finance-commerce.com     6+ mon ago

Home / Nation & World / Saudi Arabia set to triple shopping malls in Mecca Mecca, Saudi Arabia, is currently under-served by malls due to a shortage o...

Motorola opens branded zones in shopping malls in Poland

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telecompaper.com     1+ week ago

Motorola opens branded zones in shopping malls in Poland Motorola opened its first product zones in Polish shopping malls. The new sales channel in Poland shall be followed by oth...

Tampa Bay malls take another hit with Charlotte Russe closures

bizjournals.com     1+ mon ago

Yet another mall-based fast fashion retailer is shuttering all of its stores, leaving vacancies in Tampa Bay malls. Charlotte Russe, which filed for Chapter 11 bankruptcy protection in early February...

Indonesia could be hit with another tsunami

nypost.com     3+ mon ago

Survivors of the tsunami that killed at least 373 people in Indonesia over the weekend are bracing for a possible second series of waves -- while officials revealed on Monday that the tsunami-warning ...

Crowds of last-minute holiday shoppers pack malls, shopping centers

wsbtv.com     3+ mon ago

We collect zip code so that we may deliver news, weather, special offers and other content related to your specific geographic area. COBB COUNTY, Ga. - If anyone still has items to check off their Ch...

Epidemic of empty stores threatens more metro Detroit shopping malls

freep.com     6+ mon ago

More once-thriving malls are coping with more vacancies and lower leasing rates. Which shopping center will become the next Northland or Summit Place? JC Reindl, Detroit Free Press Published 6:00 a.m...

Best of Orange County 2018: Malls get creative to compete with online shopping trends

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Best of Orange County 2018: Malls get creative to compete with online shopping trends 50 min ago Read more: The Wave Orange County malls are reinventing themselves by add...

Anonymous bomb threat calls to shopping malls in Moscow fake

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newvision.co.ug     4+ mon ago

A series of anonymous phone calls with claims that explosive devices were planted in various buildings started in Russia in mid-September 2017. RUSSIA - The spokesperson of the Ru...

French Protests Cost Shopping Malls Billions in Lost Revenues ? Trade Union

sputniknews.com     4+ mon ago

Sputnik International Sputnik / 10 PARIS (Sputnik) - French shopping malls have lost billions of euros in missed revenues after five ...

Ayr store Hourstons confirms closure with 81 job losses

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bbc.co.uk     3+ mon ago

Staff at Hourstons on Alloway Street were told on Monday that the department store would shut on 7 February. General manager of the shop Linda Lawson wrote that she had "genuine r...

Macys announces Charleston store closure

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herald-dispatch.com     3+ mon ago

CHARLESTON - Macy's, one of the two remaining anchor stores at the Charleston Town Center mall, will close its doors later this year. ...

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kwit.org     2+ week ago

The Sears store in the Southern Hills Mall recently closed down. Due to the closure, Sheila Brummer talked with J. Jeffrey Zink, the Associate Professor of Economics from Morningsi...

Kmart Details Griffith Store Closure

insideindianabusiness.com     6+ mon ago

The company says layoffs are expected to begin December 31 and could take place over a two-week period. The store is located at 430 West Ridge Road in the Lake County town. Sears Holding Corp. filed ...

More trouble for malls: New wave of store closures...

More trouble for malls: New wave of store closures...

cnbc.com     4+ mon ago

A pedestrian passes in front of a Gap Inc. store in Miami Beach, Florida. Mall and shopping center owners across the U.S. are preparing to be hit by more store closures, following...

Store Closures Having Big Impact On South Dakota Malls

keloland.com     9+ mon ago

Store Closures Having Big Impact On South Dakota Malls Posted: Jun 29, 2018 06:11 PM CDT Updated: Jun 29, 2018 06:12 PM CDT Store Closures Having Big Impact On South Dakota Malls Copyright 2018 Nexsta...

WEATHER-TRAFFIC UPDATE: Snow falling in Georgia mountains; congestion heavy in metro area

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At 5:23 p.m. Friday, it officially became winter. In far North Georgia, there are scattered snow flurries to bring in the new season in style. In Atlanta, we're getting drizzle, w...

At Least 7 Moscow Shopping Malls Receive Bomb Threat Calls

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sputniknews.com     4+ mon ago

MOSCOW (Sputnik) - At least seven shopping malls in the Russian capital have received anonymous bomb threat calls, a source from the emergency services told Sputnik, adding that ev...

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