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There’s a terrifying mall ‘blight’ threatening communities across America

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Ashley Lutz

Sep. 3, 2016, 8:17 PM

One in six American malls are expected to disappear in the next decade. That’s scary news for many communities.

Visits to malls declined by 50% between 2010 and 2013, according to real estate research firm Cushman & Wakefield. Analysts expect upcoming data will show an even steeper drop in mall traffic.

Mall closures could have terrifying implications for communities, Howard Davidowitz, chairman of Davidowitz & Associates, a national retail-consulting and investment-banking firm, told Business Insider.

https://www.businessinsider.com/what-will-happen-when-malls-shut-down-in-america-2016-9