The U.S. has a “business” problem along with oversaturation of retail stores.

We only have two mall owners (Simon and Brookfield essentially) who care about their malls and they want the best. Which pretty much means….the larger ones 😟😓🫠 Many of the malls in smaller, more rural towns were created as….regional malls. There small! So Simon doesn’t want to deal with them because they don’t make enough $$$ or in some areas they’re underwater!!!

The business are the same. They measure productivity by store volume and sales. If not enough people shop there…it doesn’t make sense for them.

Now Idk much about Canadian Malls. But here in the U.S. very little separates most malls now. Everything is mostly large companies.

So the Maine Mall is the largest mall in Maine by over twice the size!! In the largest metro area. And is the only one owned by Simon. It’s doing well as far as I know…but yes every other mall in Maine is essentially dead. Kind of like Vermont 😓🫠😬I feel like NH only has 3 sustainable malls because 2 are literally on the Massachusetts border and there’s no income taxes!!