+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

50 haunting photos of abandoned shopping malls around the US

Jan 21, 2018, 19:55 IST

Flickr/Will Fisher

Advertisement
  • American malls are closing all over the US.
  • A report done by Credit Suisse estimates that 20% to 25% of malls would shutter over the next five years, largely because of store closures.
  • In 2017, 6,400 stores closed - a further 3,600 are expected to close in 2018.
  • These photos show how malls were forced to shutter as key anchors such as Sears and Macy's left.


American malls are dying out.

Retail complexes all over the US are being clobbered by store closures sweeping the country.

In 2017, more than 6,400 stores closed and another 3,600 are expected to shutter in 2018. According to a report done by Credit Suisse, this will result in 20% to 25% of malls closing in the next five years.

A national retail apocalypse has crippled US malls as anchor stores such as Macy's and Sears, which take up large retail spaces and drive foot traffic, have shuttered stores and left malls with enormous gaps to fill.

Advertisement

For many malls, this is an impossible task.

Take a look at some of these haunting photos below that show home badly America's malls have been hit:

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article