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M
CNBC
10 days

The new American shopping mall is less Macy's, more church, bowling, Barnes & Noble

1. Dayton Mall is repurposing anchor spaces with unconventional tenants like churches. 2. Crossroads Church has transformed 90,000 sq ft of a former Sears space. 3. Recent trends indicate a revival in mall traffic with diverse tenant mixes. 4. Declining malls benefit from subdividing anchors into niche businesses, enhancing cross-shopping. 5. Claire's bankruptcy signals ongoing struggles for traditional mall anchors.

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FAQ

Why Neutral?

While innovative anchor conversions may aid mall viability, M remains vulnerable to overall retail trends.

How important is it?

The article highlights retail shifts affecting M's competitive landscape, meriting attention.

Why Long Term?

M's performance may benefit if revitalization succeeds but will take years to realize fully.

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