A changing retail landscape
The business news is full of stories of retail spaces going dark these days. So-called dead malls have popped up around the country as falling retail traffic has forced increasing vacancy rates, leading some shopping centers to become entirely abandoned. One mall outside of Pittsburgh was even sold at a auction for just $100 last year. It’s not just malls that have been victimized by retail blight either as high-end corridors in New York have also seen a surprising number of vacancies lately.
Meanwhile, retailers like Toys ‘R’ Us have gone bankrupt and Sears appears to be following in its footsteps.
However, despite that retrenchment, there are still plenty of retailers and restaurants that continue to expand. Keep reading to see 12 such businesses that are adding locations.
