Everyone knows shopping has changed forever. Online shopping is in, bricks-and-mortar stores are out.
Maybe not forever, but with cities, counties, and states prone to stay-at-home orders, no thanks to the coronavirus pandemic, shopping in physical stores is less appealing than ever.
Shopping malls, with their higher density, which get closed quicker than standalone stores and take longer to open, have been hit even harder by the pandemic and changing consumer habits.
For malls, suffering systemically, it’s the end of an era and the end of the line for many of them.
However, that doesn’t mean that there isn’t opportunity in their downfall…