8 minutes

US Mall Closures: Impact of Covid-19 Likely To Accelerate Mall Consolidation

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Vineeth Gangadharan
Insight Report

What's Inside

We explore US mall closures in the context of the coronavirus crisis. Considering the impact of Covid-19 on mall consolidation, we discuss the following key topics:

  • Coresight Research estimates for mall closures in the next five years—and the level of risk posed to malls by classification
  • How department store and other anchor store closures are exacerbating the challenges faced by mall owners
  • The influence of tenant mix on near-term vulnerability—and the ways in which malls can alter their mix to become more robust in the current environment, such as by repurposing space into fulfillment centers and tapping health-care and grocery retail.

For more on coronavirus-led mall closures and the challenges that US shopping malls may face through 2020 and beyond, read our America’s Changing Shopping Centers: Coronavirus Crisis Could Trigger Long-Delayed Mall Consolidation report.

Click here to read our US Store Closures 2020 Outlook.

Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on key developments in retail amid Covid-19.

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