Consumer & Retail



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Consumer & Retail


Consumer & Retail

The answer to save malls: ‘Shoptainment,’ analyst says

According to a McGraw Hill Education study, malls saw an increase of traffic last year, with American malls and outlet centers reporting an occupancy rate of more than 93%, up from 91% the previous year. Across all U.S. malls and outlets, 2022 saw more stores announcing openings than closing. Part of the rebirth is credited to what some are calling “shoptainment."

The answer to save malls: ‘Shoptainment,’ analyst says