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Stock impact report

The Future Of The American Mall Is Being Shaped In Los Angeles [Forbes]

Macerich Company (The) (MAC) 
Last macerich company (the) earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: macerich.com/investors
Company Research Source: Forbes
repositioning have led to the steady decline of the American mall. Dwindling brick-and-mortar profits, exacerbated by the COVID-19 pandemic, resulted in a wave of cutbacks and downsizing across the country that cast the future of the American mall in doubt. But Tyler Mateen, founder and CEO of Cannon TTM, believes the mall isn't dead yet and could be revitalized with the right strategy and investments. With a change in direction, malls can still bring droves of shoppers back to the in-person retail experience — and this change has already started at the HHLA in Los Angeles. Garden City, N.Y.: Overview of shoppers filling the halls of the Roosevelt Field Mall for Black ... [+] Friday shopping on November 25, 2022 in Garden City, New York.(Photo by Howard Schnapp/Newsday RM via Getty Images) PROMOTED “The current version of the American mall is failing, but it doesn't have to,” said Mateen. “Similar to how the Sherman Oaks Galleria underwent a significant transformation in the e Show less Read more
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