May 31, 2017

The Los Angeles Times interviewed national Retail Group Co-Leader Ron Friedman about the projected loss of a quarter of all U.S. shopping malls by 2022.

Los Angeles Times

By Makeda Easter

Featured Ronald Friedman, Co-Leader, National Retail & Consumer Products Industry Group

The Los Angeles Times interviewed national Retail Group Co-Leader Ron Friedman about the projected loss of a quarter of all U.S. shopping malls by 2022.

Excerpt:

“It’s more in the 30% range,” Ron Friedman, a retail expert at accounting and advisory firm Marcum said of the share of malls that he predicts will close in the next five years. “There are a lot of malls that know they’re in big trouble.”

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