Retail News

Mall anchors continue to lose ground to Amazon

The Street 12/28/2016

Dillard’s, Penney, Nordstrom and Macy’s all lost market share to Amazon this holiday season. Mall foot traffic ebbed 10 percent over the year-ago period up until Dec. 19, according to The Street. Says the financial site, “All four mall anchors are in bear market territory versus highs set between March 2015 and March 2016.”

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