The peak period of the American retail industry is gradually coming to an end.
The peak period of the American retail industry is gradually coming to an end.
More than 6,400 stores are expected to close across the US this year.
More than 6,400 stores are expected to close across the US this year.
As customers gradually switch to online shopping, shopping centers also become deserted.
As customers gradually switch to online shopping, shopping centers also become deserted.
According to a report by real estate research firm Cushman & Wakefield, between 2010 and 2013, the number of visitors to shopping centers decreased by 50%.
According to a report by real estate research firm Cushman & Wakefield, between 2010 and 2013, the number of visitors to shopping centers decreased by 50%.
In just nearly 2 years after closing, Lincoln Mall in Chicago turned from a busy shopping center into an abandoned building.
In just nearly 2 years after closing, Lincoln Mall in Chicago turned from a busy shopping center into an abandoned building.
It had to shut down after many retailers closed their stores here.
It had to shut down after many retailers closed their stores here.
The US retail industry is truly in a crisis.
The US retail industry is truly in a crisis.
Regency Square Mall in Richmond, Virginia remained open, but many stores were dark as retailers moved out.
Regency Square Mall in Richmond, Virginia remained open, but many stores were dark as retailers moved out.
The company managing this shopping center had to find a way to install more vending machines to make the scene less empty.
The company managing this shopping center had to find a way to install more vending machines to make the scene less empty.
However, the scene inside looked no different from being closed.
However, the scene inside looked no different from being closed.
Figures from Green Street Advisors show that nearly a third of shopping centers are at risk of closing, as stores inside withdraw.
Figures from Green Street Advisors show that nearly a third of shopping centers are at risk of closing, as stores inside withdraw.
American retailers are struggling to find ways to maintain operations as sales plummet.
American retailers are struggling to find ways to maintain operations as sales plummet.
Macy’s is also facing financial difficulties and will close 68 locations in 2017.
Macy’s is also facing financial difficulties and will close 68 locations in 2017.
Nearly every product at RadioShack is on sale as they prepare to close 1,430 stores.
Nearly every product at RadioShack is on sale as they prepare to close 1,430 stores.
Ha Thu (according to BI)
