“Experts are predicting that up to 15% of US shopping malls are forecast to close over the next five years as online shopping continues to surge. The United States has over 1300 regional malls (over 450,000 square feet) and that could mean that up to 195 of them will shut down. ‘I think 200 are going out of business,’ said Gerry Mason, executive managing director at property group Savills. ‘We’re 15-20 per cent overbuilt. There are just too many stores.'”
http://www.legitreviews.com/news/15084/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Police State SWATs Family Growing Tomatoes & Squash
‘Forget About The Price Tag’ wins HHS grand prize for promoting Obamacare
New York Times: End Prohibition, Again
Feds spend at least $890,000 on fees for empty accounts
Oklahoma poll reveals overwhelming support for marijuana law reform
Navy Uses US Citizens as Pawns in Domestic War Games
Cops Ordered to Return $1+ Million Seized From Innocent Woman
Additional $2.1M Seized from Mt. Gox Accounts – Now Over $5M Total
Lebron James Escorted Through Oncoming Traffic To Concert By Police
Visit the Wrong Website, and the FBI Could End Up in Your Computer
Bloated Fed Balance Sheet Propelling Market Rally
Public School: One Of The Most Dangerous Places You Could Put Your Children
Police Ordered To Return $1 Million An Exotic Dancer Saved In $1 Bills
Why Did KKR Hire a Four Star General for a High Profile Private Equity Position?
War of 1812 and D-Day: the Trump’s team’s twin history gaffes