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    How many malls will close in 5 years?25% of U.S. malls are set to shut within 5 years. What comes next? 25% of U.S. malls are expected to shut within 5 years. Giving them a new life won’t be easy Coresight Research estimates 25% of America’s roughly 1,000 malls will close over the next three to five years. The coronavirus pandemic has accelerated a demise that was already underway.
    What happens if a mall closes?As they close stores, it could cause other tenants to abandon malls at the same time as large specialty chains like Victoria’s Secret are shrinking. Malls were already facing pressure from online shopping, but analysts now say that hundreds are at risk of closing in the next five years.
    How long do closed malls last?Closed malls are empty for an average of 3 years and 11 months. The number of malls declined 16.7% per year from 2017 to 2022. 2 million square feet of mall space was demolished in 2022. The nationwide mall vacancy rate is 107% higher than the overall average retail vacancy rate.
    Which North American malls are permanently closed?North American malls that have permanently closed citing the pandemic as a precipitating factor include Northgate Mall in Durham, North Carolina, Cascade Mall in Burlington, Washington, and the Metrocenter in Phoenix, Arizona. Dead malls are occasionally redeveloped.
    en.wikipedia.org
  3. Shopping Mall Closure Statistics (2024): Are Malls Dying?

  4. San Francisco's retail hub is turning into a ghost town. The …

  5. America's Malls and Department Stores Are Dying Off …

    WebJul 20, 2017 · Already there have been 5,300 retail closings this year, including Sears, Macy’s, JCPenney and Kmart stores. Sears Holdings–which owns Kmart–said in March that there’s “substantial …

  6. The State of the American Mall - The New York Times

    WebAug 10, 2021 · An internet subculture commemorates malls that have permanently closed. But now, many are in a strange limbo. As vaccinations rolled out, pictures circulated of people receiving their shots at ...

  7. Why malls across America are dying | PBS NewsHour Classroom

  8. With Department Stores Disappearing, Malls Could Be Next

  9. Mall Traffic Data Shows How the American Mall is Being Reborn

  10. The real reasons stores such as Walmart and Starbucks are …

  11. S.F. downtown exodus: Map shows every major retail closure this …

  12. Retail store closures in the United States - statistics & facts

  13. List of shopping malls in the United States - Wikipedia

  14. PolitiFact | Have there been mass store closures under President …

  15. Kohl’s, Macy’s and Nordstrom have reported steep sales drops …

  16. As a suburban Chicago mall prepares to close, others ramp up

  17. Retailers shuttered 4,600 stores this year. Here are the stores …

  18. Big-Name Stores That Have Closed in the Last 30 Years

  19. Malls are in trouble in Minnesota and beyond. Will your mall close …

  20. Store closures are surging this year. Here are the retailers …

  21. Red Lobster closures: See full list of closed restaurant locations

  22. List of Walmart Stores Closing in 2024 - Business Insider

  23. Red Lobster closing list for NJ sites after declaring bankruptcy

  24. Memorial Day 2024: What is open, closed in Florida?

  25. Analysts Have Conflicting Sentiments on These Consumer …

  26. Memorial Day 2024: What grocery stores are open, closed in …

  27. The next union organizing wave is at Apple | CNN Business