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ARTICLE · 02 JANUARY 2015

Saving America’s Malls

McCarthy Tétrault
McCarthy Tétrault
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McCarthy Tétrault

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Earlier this year CNN published photographer Seph Lawless’s sad montage of photos depicting the demise of America’s malls in the video "Are America’s malls dying?".

CanadaReal Estate and Construction

Earlier this year CNN published photographer Seph Lawless's sad montage of photos depicting the demise of America's malls in the video "Are America's malls dying?".

Just in time to spread some holiday cheer, on December 17 CNN published a rebuttal in the form of a CNNMoney Report entitled "Saving America's malls from the brink of death", in which writer Kathryn Vasel maintains, à la Mark Twain, that reports of the death of the American mall may have been slightly exaggerated.

Quoting DJ Busch of Green Street Advisors, Vasel says that in the aggregate, America's malls are doing just fine thank you very much, with success varying depending on the mix of retailers offered. Those doing best tend to have more high end anchor tenants, grocery stores, lifestyle services, international chains, and larger discounters.

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