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As retail stores fade, private clubs take over mall real estate

Sagar2 days ago09 mins

Guests at the Fendi Dallas Highland Park Village Boutique in Dallas, Texas. Rick Kern | Getty Images Entertainment | Getty Images In today’s K-shaped economy, lower-income consumers headed out to shop may be hitting Dollar General or a post-bankruptcy Big Lots, but affluent Americans are increasingly headed for the shopping center private club. Membership clubs are…

America’s dying shopping mall has a surprise recovery in store

Sagar6 months ago07 mins

The Dayton Mall has been a shopping staple for residents of Dayton, Ohio, since it opened in 1970. The once-prospering mall, like many, has faced hard times with increased vacancies, exacerbated by the closing of two anchors, Sears and Bon Ton, in 2018. As a result, the mall was put into receivership, where it remains….

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Shopping malls

As retail stores fade, private clubs take over mall real estate

America’s dying shopping mall has a surprise recovery in store