SoftBank Blog – 5.3.18 (5.2.18)
The American mall is struggling – it’s estimated that 25% of malls in United States will close by 2025. This shift may have always been inevitable; for each person in the US, there is 26 sq. ft. of real estate dedicated to retail – compared with just 2.5 sq. ft. in Europe.
Read more: How Malls Need to Evolve to Survive