Heading Back To The American Mall
Retail experts have long said that U.S. malls are dying out. But a recent market analysis paints a different picture.
According to a report from Coresight Research published in June, foot-traffic in top-tier malls was up 12 percent in 2022 compared to before the pandemic. Last year, these same malls had more than 95 percent occupancy rates.
Younger shoppers are in part driving this resurgence. Approximately 73 percent of Gen-Z shoppers said they visited a mall in the past month.
We discuss why malls are making a comeback and how they're keeping up with online shopping.
Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Find out how to connect with us by visiting our website.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
According to a report from Coresight Research published in June, foot-traffic in top-tier malls was up 12 percent in 2022 compared to before the pandemic. Last year, these same malls had more than 95 percent occupancy rates.
Younger shoppers are in part driving this resurgence. Approximately 73 percent of Gen-Z shoppers said they visited a mall in the past month.
We discuss why malls are making a comeback and how they're keeping up with online shopping.
Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Find out how to connect with us by visiting our website.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
-
Heart UK