Coronavirus BRIEFING

Malls Seek to Evolve as the Pandemic Hastens a Retail Overhaul

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"As more department stores become vacant, we do need to re-envision the future of mall properties. Will it be 100 percent retail? No, but its success still comes down to location."

Greg Maloney, president and chief executive of the Americas retail unit of Jones Lang LaSalle, commenting to The New York Times for its recent report, “Malls Seek to Evolve as the Pandemic Hastens a Retail Overhaul.”