Problem is, these businesses are closing because they are not making money there. If a bunch of business we are closing, it means that the mall is dying. Opening up new store is just a bad idea as they will have the same issues. Rent is likely way too high, and mall attendance is way too low.
Unless you have something that will be a big draw for people, it is likely a bad bet. Cofee shops and such are there to serve people shopping in other stores. If foot traffic is down, it won’t work out well.
Problem is, these businesses are closing because they are not making money there. If a bunch of business we are closing, it means that the mall is dying. Opening up new store is just a bad idea as they will have the same issues. Rent is likely way too high, and mall attendance is way too low.
Unless you have something that will be a big draw for people, it is likely a bad bet. Cofee shops and such are there to serve people shopping in other stores. If foot traffic is down, it won’t work out well.