Transforming the in-person shopping experience
of U.S Malls are expected to close within 5 years. 4 25
Is the shopping mall dead?
It’s apparent to even the most infrequent shopper that shopping centres have passed their heyday. There are no longer packs of shoppers dashing from store to store searching for the lowest prices or the hottest trends. High-street stores and entire shopping centres are closing down as they find themselves unable to make the profits they used to enjoy.
Over 8,700 UK chain stores closed their doors across the UK in the first half of 2021.
Increasing numbers of shopping centres are closing their doors
www.chinatelecomeurope.com
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4 Local Data Company; CNBC
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