Major retailers are fleeing another popular mall

Major retailers are fleeing another popular mall

A sprawling Maryland mall, once filled with major retail stores, is rapidly losing tenants. Several tenants in the past month have announced plans to leave the Towson Town Center, which has been contending with growing crime issues. In November, four teens were arrested after a robbery and stabbing took place at the mall, according to reports.However, malls have been struggling for years as e-commerce and changing consumer behaviors have reshape…

Financial News Network - Major retailers are fleeing another popular mall

Towson Town Center mall lost multiple tenants including Banana Republic and Tommy Bahama as crime issues and changing consumer behaviors weigh.Read More …