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The Shopping Mall Apocalypse Is Creating A $48B Disaster On Wall Street

by businessinsider.com posted 1year ago 244 views
It's a tough time to be in the shopping mall business.  Black Friday sales last year provided the latest proof of changing dynamics in the retail sector as consumers continued to move their shopping online. Online sales grew to $3.34 billion, up 22% compared to the previous year's figures, while sales at brick-and-mortar stores fell 5%.

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