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
“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.”