The Future of Malls: Retail Shop Design Will Change

The retail shopping mall is dying.

At least that’s the sentiment shared by most. CNBC reports that 25% of malls in the United States are dead malls and expected to shut down within the next five years. Large mall owners are drowning in debt. The COVID-19 pandemic shattered the brick-and-mortar retail sector as consumers moved much of their shopping online. Developers, cities and towns are searching for ways to make use of already-dead malls, as many parts of the world turn to converting their remains into affordable housing, offices and gyms.

For others, the shopping mall isn’t dead quite yet. Yes, sights of the great indoor shopping mall—where teenagers congregate, food courts flourish and escalators shutter crowds to a multi-level retail experience—is likely in the rearview mirror. But as pandemic lockdowns ease and people are eager to re-enter the world, the in-person, outdoor shopping experience maybe on the precipice of a renaissance.

Join Built, the Bluebeam Blog, in the above video as we dig deeper into dead malls and the future of malls.

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[cobbetlprogrammer]

Good job. I agree, making Malls more Community base rather than Area based is the New Goal and challenge. Cheers!

[bobbg]

Malls would be cheaper to renovate and remodel each unit for its special need, be it shopping entertainment or medical services or even classes and goverment offices.
Tearing down 40 year old buildings that are in good shape to build apartment complex isnt really as good an idea.
Also most malls have a very large parking lot that could be developed for other uses. Or outside venue's.
Malls cost millions to build in the 70 80 and 90s it took a lot of resources and manpower to make them.
Its a total waste to tear down a 20 to 50 year old building without finding a different use for it. Ive seen nice malls get the wrecking ball for really no good reason. Yes retail has went online
There is no doubt but people still shop in retail stores.