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Consumers 'Want To Shop Their Way': Retail Expert On Future Of Malls

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In May 2020, shoppers explore a mostly empty mall where several stores have reopened for the first time since Ohio Gov. Mike DeWine's shut down of all non-essential businesses in mid March amid the coronavirus pandemic in Columbus, Ohio. (Matthew Hatcher/Getty Images)
In May 2020, shoppers explore a mostly empty mall where several stores have reopened for the first time since Ohio Gov. Mike DeWine's shut down of all non-essential businesses in mid March amid the coronavirus pandemic in Columbus, Ohio. (Matthew Hatcher/Getty Images)

Mark Cohen, director of retail studies at Columbia Business School, joins Here & Now's Tonya Mosley to discuss the future of shopping malls.

Cohen says "super-regional malls," with multiple levels and three or more anchor stores, are likely to "continue to be successful" but lesser malls are in "tremendous jeopardy" due to changing shopping habits.

Do you still frequent a mall? Do you still find them essential in your life? Let us know in the comments below or tweet host Tonya Mosley

This segment aired on December 14, 2020.

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