Shopping malls are emptying out
Shopping malls across the U.S. haven’t been this empty in six years, according to The Wall Street Journal, with the popularity of online shopping affecting brick-and-mortar stores throughout the country. The mall vacancy rate for the year’s second quarter is 8.6% (from 8.4% in Q1), “as more consumers shifted their shopping online,” per the Journal. Retailers such as Bon Ton, Sears, J.C. Penney and Toys “R” Us have all announced closures this year.