The growth of e-commerce has hit retailers hard. In Elmira, N.Y., the local mall is struggling to find new tenants and attract shoppers. Photo: Mike Bradley for The Wall Street JournalWestside Pavilion, a shopping mall in west Los Angeles, is the latest retail property to get a makeover that will turn most of its space into offices. The move comes at a time when shoppers increasingly are moving online and mall landlords, in turn, are moving away from retail. Across the U.S., lower-quality malls in lower-income areas are...
Source: Wall Street Journal March 05, 2018 12:00 UTC