More than 50% of malls anchored by department stores could close permanently by the end of 2021. Of the roughly 1,000 malls still in operation throughout the U.S., 60% are anchored by department stores; of those, 19% are rented by J.C. Penney, 18% by Macy's, and 20% by other stores including Lord & Taylor, Nordstrom, […]
SOURCE: ArtsJournal at 07:06PM on April 30, 2020