Will malls survive in the e-commerce age?
If you’re headed out to a mall this holiday weekend to score some Fourth of July deals, chances are you’ll notice some empty storefronts. As a “retail meltdown” grips mid-market department stores, we should expect some changes in the ways malls work, says business professor Bruce Clark. While malls aren’t an endangered species, he says, they must build stronger connections to consumers to stay relevant.