The St. Louis Post-Dispatch quoted Retail Group Co-Leader Ron Friedman in an article about the transitioning of malls in St. Louis.
St. Louis Post-Dispatch
By Brian Feldt
“There’s around 900 malls in the United States today, and about 300 of them are closing up and disappearing,” Friedman said. “The rest of them are all in redevelopment stages. And if they’re not, they’re not going to survive.”