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Losers Aside, Malls Benefit From ‘Retail Darwinism’

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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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