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Politics, News & Issues > Economic News How has the current recession affected shopping malls?

The Rise and Fall of the Indoor Shopping Mall In recent years, the indoor shopping mall has faced challenging economic times. In the last 10 years only one new one has been built and at least 100 indoor malls are in serious economic trouble with about 10-20% of those malls possibly closing. Once an icon of the American shopping scene, indoor malls are finding it tougher to remain viable and what were once money makers for investors are now sometimes looked at as white elephants or only serve the investor as a tax write off. This article will look at not only how the economy of now has affe...

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