For decades, large department stores served as the anchor store for malls and shopping centers. The anchor is the main attraction while all of the other retail shops inside of the mall pay the majority of the lease. Without the anchor, the mall dies. With so many big anchor stores closing in malls throughout America, could grocery stores replace department stores as the new “mall” of our era?
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I’ve owned a business for many years and would like to sell it. How do I start the process?
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I’ve heard that some retailers are going with a co-tenancy program. What does that mean?
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