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Friday, May 12, 2017

Sorry, we’re closed: The decline of established American retailing threatens jobs

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The decline of established ways of shopping is a threat to workers and investors

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American retailing

UK Only Article: 
standard article

Issue: 

The policy designed to make America great again

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Location: 

New York

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IT DOESN’T look like much but Staten Island Mall is optimism in a cement box. Like all such retail spaces the temperature is carefully calibrated. Bland pop music wafts down beige halls. Its biggest tenants are America’s unholy trinity of struggling retailers: Macy’s, J.C. Penney and Sears, all of which are closing stores. This mall, however, is undergoing a rebirth.
Gangs of builders are hard at work on a 235,000-square-foot expansion, adding …

May 12, 2017 at 10:14AM

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