When it comes to malls, bigger seems to be better. In many cases, the largest malls are the most productive. As a result of industry consolidation, however, store counts in a number of retail categories including fashion have been declining. Increasingly, large shopping centers are chasing fewer available tenants, so retailers may be in a position to drive a harder bargain. But whether or not the retail industry contracts — chains will expand once the economy improves — is a moot point. There’s no land left to build huge malls.


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