All Posts in #Shopping Malls
Entertainment Attractions Could Save Struggling Shopping Malls
Ray Wimer, professor of retail practice in the Whitman School, was quoted in the Syracuse.com story, “8 ways Destiny USA might bounce back: Can laser mazes, musicals and doctors save a struggling mall?” Wimer remarked, “Entertainment attractions have a big…
Restructuring Could Help Struggling Malls Find Long-Term Success
In this Columbus Dispatch business article about a mall bankruptcy filing, Whitman School adjunct faculty member and retail expert Shelley Kohan talks about the importance of restructuring finances for long-term success. Kohan says: “Keep in mind that bankruptcies allow businesses…
“COVID-19, Amazon and other e-commerce cause decline in shopping malls”
Ray Wimer, professor of retail practice in the Whitman School, was interviewed for the CNBC story “COVID-19, Amazon and other e-commerce cause decline in shopping malls.” In the video clip, Wimer, an expert on U.S. retail and management, explains why…
“Impact COVID-19 has had on Destiny USA”
Shelley Kohan, adjunct faculty member in the Whitman School, was interviewed by CNY Central for the story “Impact COVID-19 has had on Destiny USA.” Kohan, a retail expert, says that while the pandemic has accelerated many problems that malls faced…
Abandoned Malls Are Paving the Way For Something New
Amanda Nicholson, former professor of retail practice and assistant provost and dean for student success, was interviewed for the Washington Post article “Abandoned malls are sputtering back to life with megachurches, rooftop pools and homeless shelters.” Nicholson commented on the…
Malls Continuing To Face Volatile Retail Market
SYRACUSE, N.Y. – As the retail industry’s brick and mortar stores continue to struggle against the growing online shopping trend, commercial real estate is now facing new financial challenges. In the wake of a recent report that DestiNY USA, a…
Say Goodbye to Sears and Shoppingtown Mall?
Announced in late May, Sears reports it will be closing the Shoppingtown Mall location by the end of July 2018. The company has struggled to keep up with the current changes of the world, experiencing great difficulty with the transition from…