Fashion & style
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3 days agoGen Z Is Bringing the Mall Back From the Dead. Here's How 'Mallmaxxing' Is Reshaping Retail.
Gen Z is revitalizing American malls by creating viral content and demanding physical retail experiences.
The growth in online retail has fallen back and flatlined at between 26% and 28% of overall retail sales since a peak of 35% in mid-2020. Retail has outperformed all other types of commercial property this year, with 9.2% returns on investments in the year to September, Knight Frank said. This is ahead of industrial properties, at 9.1% and offices at 3.2%.