For nearly a decade, no new shopping malls have been constructed in the U.S., but back in the mid-1990s, malls were going up at a rate of 140 each year. E-Commerce and changing consumer habits have certainly played their parts in shopping malls’ decline, and will continue to do so: Online spending is predicted to hit $370 billion by 2017.
Learn more about the rise and fall of malls, including fun facts such as the “Gruen Transfer Effect,” in this infographic from nextopia.
For nearly a decade, no new shopping malls have been constructed in the U.S., but back in the mid-1990s, malls were going up at a rate of 140 each year. E-Commerce and changing consumer habits have certainly played their parts in shopping malls’ decline, and will continue to do so: Online spending is predicted to hit $370 billion by 2017.
Learn more about the rise and fall of malls, including fun facts such as the “Gruen Transfer Effect,” in this infographic from nextopia.
Source: nextopia
