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A from U.S. News World Report magazine used data from to identify malle where the retail business remains healthy despite the The report used dataincluding sales, occupancy rates and qualityy grades for about 650 of the biggesf shopping centers in the U.S. Ala Moanwa has an estimated occupancy rate of 95 with $1,125 in sales per square foot. The center has annuak sales of morethan $1 billion, according to the which concluded: “This upscale shopping mecca near Waikiki is a gold It was noted that whild other malls are having a hard time staying full, Ala Moana added a new wing with 30 more Other profitable malls listed in the report are Fashiob Valley Mall in San Forum Shops at Caesars in Las Westfield Garden State Plaza and The Mall at Shorgt Hills, both in New Jersey, and the Mall at Milleniq in Orlando, Fla.
The report showesd that the most profitablemalls don’t rely on discounters, but instead featurw stores with strong brand identity such as Nordstrom, Applwe and Abercrombie & Fitch. The best malls are located in denselyy populated areas or tourist as AlaMoana is, just blockss away from Waikiki Beach. Ala Moana’s owner, , filed for Chapted 11 bankruptcyin April.
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