Friday, May 22, 2009

Recession Turns Malls Into Ghost Towns - WSJ.com

Recession Turns Malls Into Ghost Towns - WSJ.com: "Some analysts estimate that the number of so-called 'dead malls' -- centers debilitated by anemic sales and high vacancy rates -- will swell to more than 100 by the end of this year."
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Macy's, J.C. Penney, Sears...all suffering, according to the article. If the anchor tenants are in trouble, so is the landlord.

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