🔒American malls are closing all over the US.
A report done by Credit Suisse estimates that 20% to 25% of malls would shutter over the next five years, largely because of store closures.
In 2017, 6,400 stores closed – a further 3,600 are expected to close in 2018.
These photos show how malls were forced to shutter as key anchors such as Sears and Macy’s left.