Blaming declining mall traffic for retail store failures ignores what's actually happening.
"Malls' H1 2026 momentum continued going into the second half of the year, with year-over-year (YoY) visits to shopping centers up across all three formats ******* yzed (indoor, open-air, and outlet) in July 2026," according to data from Placer.ai.
Retailers like Claire's, Joann, and Macy's, which have either fully closed or have shut down dozens of locations, may have failed to capitalize on mall foot traffic, but it's unfair to say that people did not visit malls.
"Open-air shopping centers — which have led the category since the beginning of the year — continued their outperformance, with YoY traffic up 5.1%, followed closely by indoor malls (+4.3%)," the data showed.
Francesca's, a mall staple since its launch in 1999, closed all its more than 450 stores in March and has now received court permission to liquidate its remaining ******* ets.
#year #mall #continued #indoor
"Malls' H1 2026 momentum continued going into the second half of the year, with year-over-year (YoY) visits to shopping centers up across all three formats ******* yzed (indoor, open-air, and outlet) in July 2026," according to data from Placer.ai.
Retailers like Claire's, Joann, and Macy's, which have either fully closed or have shut down dozens of locations, may have failed to capitalize on mall foot traffic, but it's unfair to say that people did not visit malls.
"Open-air shopping centers — which have led the category since the beginning of the year — continued their outperformance, with YoY traffic up 5.1%, followed closely by indoor malls (+4.3%)," the data showed.
Francesca's, a mall staple since its launch in 1999, closed all its more than 450 stores in March and has now received court permission to liquidate its remaining ******* ets.
#year #mall #continued #indoor
1 day ago
