In the Baltimore region, Latella sees strong redevelopment potential for even aging centers with public or private backing.
A new report forecasts 15,000 retail stores will close in 2025, about twice as many as were shuttered last year.
When a major mall anchor like Macy’s closes, he said that can lead smaller ... store openings in the U.S. are Aldi, JD Sports, Burlington Stores, Pandora and Barnes & Noble, respectively.
Retailers will close up to 15,000 stores this year, more than double that in 2024. In addition, store closures will far outpace openings.
Spaces under 5,000 square feet will account for 1,274 closures and spaces between 5,000 and 10,000 square feet will account ...
New Jersey-based Burlington is taking advantage by ... Outdoor furniture retailer Family Leisure took over a former Macy’s department store at Rolling Oaks Mall and TJX Cos.’ ...
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