CG: What’s Going On With America’s Malls?

Industry Focus

The Motley Fool

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4.6 • 854 Ratings

🗓️ 18 June 2019

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

America’s malls are changing. Some well-known retail brands have gone away replaced by digital retailers. That has forced mall operators to be creative in finding alternative ways to fill space. That’s a work in progress at many malls but it’s something the owners of at least some malls have proven successful at doing.

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Transcript

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0:00.0	Thanks to Sprout Social for supporting this episode of Industry Focus.
0:04.1	Sprout Social offers businesses an intuitive platform to help build meaningful relationships
0:08.8	at scale on social.
0:11.4	To learn how your brand can create real connection, visit sprout social.com slash fool today.
0:17.0	Welcome to Industry Focus, a show that dives into a different sector of the stock market
0:24.0	every single day. Today is Tuesday, June 18th and we're talking consumer goods.
0:29.4	I'm your host Shannon Jones. I am joined by foolish contributor friends pretty much doing
0:34.9	everything these days. Dan Klein, Dan how are you?
0:38.4	Hey there Shannon I'm good and apparently we're going to the mall.
0:41.3	Apparently we are going to the mall today I must say I'm not a huge
0:45.6	mall fan now that I'm no longer in my teenage years but now that I have a child
0:50.8	who is nine years old I find myself more and more at the mall so
0:54.8	I'm excited about today's topic. Yeah you're in the mall zone my kid is 15 I have a
0:59.4	son and he sort of grew out of his like every time every day let's go to the mall and
1:04.4	arguing with me about buying $30 t-shirts and $200 sneakers so thankfully those days
1:09.5	appear to be behind me. Oh thanks I have so much to look forward to Dan. But yeah yeah today's show
1:15.5	is all about shopping malls you've likely heard about the death of the
1:19.6	American shopping mall
1:23.7	probably have witnessed it in your own town as well, but today we're diving into what that looks like
1:26.1	and which mall stocks are doing well as the ones that aren't.
1:30.7	Dan to kick things off I feel like I see headlines nearly every day.
1:34.7	Things like the American retail apocalypse or mall see tsunami of store closures in 2019.
	...

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