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Losers Aside, Malls Benefit From ‘Retail Darwinism’

As the saying goes, bad news travels fast. That’s one reason why store closures have been clogging the news. But mall and shopping center owners contend a steady demand for retail space demands a different narrative. Speaking during the company’s Q3 earnings call, Ken Bernstein, president and CEO Acadia Realty Trust, said it’s the tale of…

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