Stock investors stopped freaking out over interest rates. Now they’re eying
this risk.
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Investors appear to be doing a lot less hand-wringing over higher interest
rates lately, but plenty of market risks are still coming up on the horizon.
1 hour ago
ReplyDeleteAmerican malls have changed dramatically over the past several years -- both in what they offer and how they are designed.
Once merely an enclosed shopping complex, today's mall might feature a theme park, aquarium, playhouse, spa or celebrity-chef restaurant. Some malls are global tourist destinations.
"Dining and entertainment have become critically important for many malls," said Jesse Tron, spokesman for the International Council of Shopping Centers, the trade group for the shopping center industry. "It's important to become more than a distribution outlet for the distribution of goods."
Mall design has changed, too. Some new malls resemble towns with individualized buildings. Others are open-air spaces where visitors can take in the heavens, the mountains or the ocean while sipping a latte. A Salt Lake City mall has a retractable roof. "Instead of enclosed malls, the U.S. will continue to see a lot of open-air outlet malls open," said Ellen Dunham-Jones, professor of architecture and urban design at Georgia Tech.
Click through for a look at 10 malls that portend the future for shopping in America.