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Joe Keenan
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Retail industry analysts have forecast the death of the shopping mall for a couple of years now. The model no longer makes economic sense, they argue, driven in large part by the decline of traffic-driving anchors such as Sears and J.C. Penney (both companies recently announced more store closures). Factor in the growth of e-commerce and it appears the days of sprawling, multistory malls are numbered. Or are they ...
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- Companies:
- Amazon.com
- J.C. Penney
- Places:
- U.S.
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