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Your Regional Mall is A-Changin’

Much has changed in the past few years, with some of the most visible changes taking place in the well trafficked malls dotted throughout the country. As recently detailed by Stephanie Skrbin of a national retail publication, many of the familiar anchor stores in our nations malls have been vacated and are being replaced with unorthodox ones. Well known mall staples have also changed their plans, focusing on smaller, more economic spaces. The results could…

By Jonathan Hipp | Updated on June 02, 2010

Much has changed in the past few years, with some of the most visible changes taking place in the well trafficked malls dotted throughout the country. As recently detailed by Stephanie Skrbin of a national retail publication, many of the familiar anchor stores in our nations malls have been vacated and are being replaced with unorthodox ones. Well known mall staples have also changed their plans, focusing on smaller, more economic spaces. The results could be a much different trip to the mall.

Previously popular anchors such as Macy’s have begun to give way to new ones. They include such disparate tenants as Target, Costco, athletic centers and grocery stores. Perhaps not surprisingly, the well traveled corridors of a mall are just as good for business as the typical lots these tenants fill. Target, for instance, has 106 out of 1,700 nationwide stores located in malls which have proven to be just as successful. There are slight differences in operation, as mall stores are usually busier on the weekends and have more purchases but for less money.

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