The Rise and Fall of Shopping Malls

This chapter examines the decline of shopping malls since their peak in 1990, attributing their downfall to the Great Recession and the rise of online retail. It explores the historical context of malls displacing traditional shopping areas and the economic factors, including tax incentives, that fueled their construction and eventual decline. Additionally, the chapter discusses innovative strategies being employed by some developers to adapt and revitalize malls in response to contemporary retail challenges.