Malls are Dying. The Thriving Ones are Spending Millions to Reinvent Themselves

Washington Post, Nov. 22, 2019–Abha Bhattarai
In their heyday, they were monuments to consumerism that doubled as cultural touchstone, inspiring films like “Mallrats” and board games like Mall Madness. But in the past decade, as shopping dollars migrated online and a parade of well-known retailers toppled, the malls that didn’t evolve fast enough stumbled into a devastating cycle of dwindling traffic, lower sales and disappearing storefronts. One in four U.S. malls is expected to close by 2022, according to a 2017 report by Credit Suisse.