US malls’ occupancy crisis, Japan quake impact, Ad pages up, McQueen’s Savage Beauty, Enigmatic blog July Stars
Malls Face Surge in Vacancies (WSJ) “Even as the economy picks up steam, many of the nation’s malls and shopping centers are suffering a hangover due to changing consumer habits and the fallout from a massive building boom. Mall vacancies hit their highest level in at least 11 years in the first quarter… In the top 80 U.S. markets, the average vacancy rate was 9.1%, up from 8.7%.” Japanese retailers give

