Directory of Major Malls
Directory of Major Malls

Small retailers increasingly fill vacancies at malls

Interesting article on DelawareOnline.com

Large malls across the country are learning the power of small.

Small,
independent retailers, many of them mom-and-pops selling offbeat items,
are increasingly popping up in shopping malls that have historically
been filled by big brand-name retailers such as the Gap, Foot Locker and
Victoria’s Secret.

“We’ve
lost some big boxes to bankruptcies, and that’s opened up a lot of
vacancies in our properties,” said Greg Maloney, president and CEO of
Jones Lang LaSalle Retail, which manages more than 98 million square
feet of retail space in 350 malls and other properties. “We’re taking a
look at anything to generate traffic.”

Read the complete Article

Free Trial
Not getting our latest news sent directly to your inbox?
Sign up for DMM E-News

By submitting this form you agree to receive email communications from Directory of Major Malls/ShoppingCenters.com