MALLS LOOK FOR NEW ANCHORS IN STORM
By William Hennelly | China Daily | Updated: 2018-04-14 07:02
Ubiquitous shopping plazas, some highly successful and others empty shells, are now providing much more than just the chance to shop, William Hennelly reports from New York
Shopping malls, under siege with the ascent of e-commerce, are being forced to reinvent themselves or fade away.
Even if their best days, the 1970s, are well behind them, some are finding they do not have to accept being bludgeoned by the likes of Amazon in the US and Alibaba in China (which, incidentally, are snapping up their own physical stores or opening them). Rather, many malls are looking at mixed uses for a renaissance.
Photo