Twenty-eight so-called enclosed malls dot New Jersey, and except for high-end enclaves like The Mall at Short Hills, many struggle to stay profitable. “That’s the other dimension of retooling malldom in New Jersey, shifting activities to experience, health, wellness...
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Can New Jersey’s Dying Malls Be Saved?
It’s widely believed that online shopping poses the greatest threat to New Jersey’s malls. Retail forecaster Forrester predicts that Web sales will constitute 11 percent of total U.S. retail this year, up from 8 percent in 2013. That doesn’t seem like a huge chunk, so...
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