If retail Is dying, why is money pouring into malls?

CONSTRUCTION SPENDING ON shopping centers topped $1.6 billion in June, the largest amount since 2008 and the Great Recession/ BLOOMBERG FILE PHOTO /MICHAEL NAGLE
CONSTRUCTION SPENDING ON shopping centers topped $1.6 billion in June, the largest amount since 2008 and the Great Recession/ BLOOMBERG FILE PHOTO /MICHAEL NAGLE
NEW YORK - If you are one of those people who thinks America’s retail industry is doing just fine, well, there are three possibilities: You’ve been living under a rock; you think Amazon refers to a South American river; or you’re a real estate developer. As everything from once-mighty department stores to niche clothing chains announce plans to…

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