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Why Strip Malls Are Becoming More Popular Among Retailers
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Strip malls are starting to get a second look from some retailers who have historically ignored them.
Last week, both Macy’s and Sephora announced that they would seek to open more stores in strip malls in the coming years. Last year, supplements brand GNC announced plans to close 700 of its mall-based stores, and instead focus on its stores in strip malls, which were reporting “relatively stable” store comps.
