Retail expert Burt Flickinger warned in an interview with FOX Business on Thursday, “Mornings with Maria,” that malls will decline, especially in high-crime states like New York, New Jersey, Illinois and California.
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BURT FLICKINGER: Experience shows that it will. They’ll be game theaters and tournaments, they’ll be Callaway Golf’s Top Golf. It will be mixed living, retail, experience as you said. Full Disclosure I worked for the New York NFL’s New York Giants and New York Jets, as well as the National Football League and full analysis of American Dream and all other malls around the world. And to your point, unless the malls are really reinventing themselves and making themselves more attractive, especially to Millennials, you have an accelerated retail ice age and some Darwinian destruction and that could continue, especially in criminal New York state. New Jersey, Illinois and California.
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