By  on May 19, 2014

The mall is making a comeback.

After being nearly left for dead during the recession and declared irrelevant when consumers embraced e-commerce, shopping centers are enjoying high occupancy rates and strong foot traffic. Mall owners are reinvesting in existing properties — especially since there’s little or no ground-up development in the U.S. — and making them stronger and more attuned to shoppers’ needs. Some malls are building new wings where they can gather stores of the same ilk. They’re also stepping up services like valet parking, introducing more food and dining options, a trend that continues, and remerchandising with key sought-after tenants.

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