The truth is that we have WAY too much retail space in the US. There’s 23 square feet of store for every man, woman, and child in America. Canada is second with 16 and Australia is third with 11. In Europe it’s more like 5, and yet I’ve never felt a lack of places to shop in Europe. Ultimately, it’s unsustainable and we’re going to end up with a lot of empty space. The interesting question is what’s going to happen to it. They’re already turning dead malls into residences, entertainment venues, community centers and stuff like that.
Turn Old malls into assisted living/retirement apartments ... add medical services...makes sense