The Real Deal Miami

Empty big box stores litter malls

July 15, 2009 03:23PM

Retailing woes have created empty anchor tenants in the largest spaces of many malls throughout the country. Landlords and local governments are suffering from lost revenue, and many vacant storefronts have become eyesores. The recent bankruptcies of Circuit City and Linens ‘N Things have added to the tally, and many retailers are also closing stores. Wal-Mart is opening 157 stores this year, but the world’s largest retailer also has 147 vacant U.S. stores it’s trying to shed.