What Retail Recovery? Malls Under Pressure as Stores Close
By Esther Fung
April 16, 2019 5:30 a.m. ET
Strong retail numbers last year from department stores Macy’s Inc. and Nordstrom Inc. raised hopes that the beleaguered mall industry would finally rebound.
But recent developments this year are pointing to more trouble ahead.
A number of struggling retailers are closing stores and being more selective about where to open ones, dimming prospects…
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