The general assumption in retail that's been building, part of the "retail apocalypse," as Placer.ai notes in a new report, is the oversupply of malls in the US. Something's got to give, and it will be the secondary tier of properties.
But a growing number of brands looking for space as the "safe" locations has opened a possibility that B-tier malls could potentially see a resurgence.
The view starts with an increased trend of business diversity in malls. Yes, major anchor stores faced a route. K-Mart, Sears, JC Penney, Macy's, Dillard's, and others have been paring back their appearance in malls.
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