At least 10% of U.S. malls are doomed: retail execs

At least 10% of U.S. malls are doomed: retail execs: In perhaps the latest sign that retail malls are going the way of the dinosaur, industry executives said a prediction that 10 percent of all U.S. malls would be gone in the next decade was too conservative, according to the Wall Street Journal. Earlier this year, real estate research firm Green Street Advisors said it believed about 100 of the nation’s 1,000 large enclosed malls would be torn down or converted for another use (note: [more]