Macerich will soon be contacting potential retail tenants to fill an additional 225,000 sq. ft. of space proposed for the Fashion Outlets of Chicago in Rosemont.
The challenges facing developers and retailers as they plan for the shopping venues of tomorrow were brought home by a panel of shopping center executives at SPECS 2018.
When Toys "R" Us announced last month that it would be closing all of its U.S. stores, some observers immediately jumped to the conclusion that online retail had claimed another legendary brick and mortar brand.