Posted by Bill(Wis) on January 13, 2016 at 09:35:18 from (216.46.173.36):
In Reply to: K -Mart posted by Geo-TH,In on January 13, 2016 at 04:21:56:
Anchor stores such as K-Mart, along with JC Penney, Sears, Macy's, etc. have been closing many of their stores and along with them, go the malls they're located in. There are about 1200 enclosed malls in the US and about one-third of them are dead or dying. The US has twice as much square footage in shopping centers per capita than the rest of the world and six times as much as European countries. We simply overbuilt malls in the 20th century. Many of them will be razed or turned into something else. On-line shopping will accelerate that process.
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