Top-tier malls are no longer immune from the perils facing the broader retail sector. Landlords behind some malls in prime locations across America are now signaling slower income growth as they grapple with a shifting consumer landscape and internet competition, the Wall Street Journal reports. Several malls have lowered their 2019 guidance on net income, for example. Some blamed a series of high-profile retail bankruptcies this year. Taubman Centers, the owner of The Mall at
source https://therealdeal.com/2019/12/24/top-tier-malls-feeling-pain-of-changing-consumer-behavior/
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