Malls Need to Assimilate or Face the Consequences

In this age of digital commerce, malls are facing logistics challenges that they must overcome or face an uncertain future.

The popularity of malls is declining forseveral reasons. For example, with 25 square feet for every American they are over saturating the population, and they often fail to match the demographics of their location or adapt to the trend of where customers are spending money.

Moreover, department stores account for 50% of retail lease space and are shuttering their doors as store trends show an uptick in health, beauty, home furnishings and restaurant space.

David Dixon, senior principal and planning and urban design leader with Stantec says that “the traditional mall is gone for now. Main Street is in and covered malls are out. Malls are finding a different meaning and purpose. They are becoming the downtown the suburbs never had.”

Malls today aren’t just about shopping, but also entail the experience of meals, entertainment, retail and even exercise and community outside spaces. Access to technology is yet another integral part of the puzzle.

“You couldn’t do this at home,” says Jeff Gunning, senior vice president of architectural firm CallisonRTKL . “These types of innovations are just as exciting as any of those online and make the mall more exciting than ever before.”[1]


Follow us on social media for the latest updates in B2B!


Revolutionizing the Audit Process: Advancements in Supplier Assessments Within the Pharmaceutical Sector
March 23, 2023

Pharmaceutical companies invest significant resources in research and development to discover new drugs and therapies and improve existing ones. This involves rigorous testing, clinical trials, and obtaining regulatory approval before a drug can be sold. Government agencies, such as the Food and Drug Administration (FDA) in the United States, oversee the approval process and conduct […]

Read More
Disaster Response
Lessons Learned in Disaster Response, Recovery, and Resiliency
March 23, 2023

Natural disasters are one of the most unpredictable, but expected forms of destruction that humanity can expect to happen anywhere and at any time. Unfortunately, many types of disasters result in the loss of life, in addition to wide-scale devastation. When it comes to educational facilities like schools, there’s a certain type of disaster response […]

Read More
How Open-Source IoT Solutions are Redefining the Edge
March 23, 2023

For the tech industry, finding solutions is a daily priority. So, the discovery of new and improved solutions is always a constant goal for the advancement of this. In a new episode of “To the Edge and Beyond,” host Michelle Dawn Mooney interviewed Intel Product Engineer Sean Williams, and IOTech CTO Jim White, to […]

Read More