America’s malls are rotting away

The worst is yet to come for American shopping malls.

by Laura Sanicola | CNN

As Macy’s, JCPenney, Sears and other major department stores close their doors, the malls that housed those stores are facing a serious crisis.

That’s because when so-called anchor tenants leave a mall, it opens the door for other stores to break their leases or negotiate much cheaper rent.

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