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Here is the type of retailer that certain mall owners want to see as part of their tenant mix: Small, local, offering a unique good or service. Here the type of retailer that often struggles financially in an economic downturn: Small, local and offering a unique good or service. 

As inflation mounts and the prospect of a recession becomes increasingly more likely, mall owners have a dilemma. Bring on board the type of curated retail that many higher-income shoppers want and risk a possible failing tenant, or stick with the tried-and-true national brand that can be found just about anywhere.

Erika Morphy

 

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