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J.C. Penney is the king of the Class-B mall — and that's OK

from The Motley Fool

In recent years, there has been a bifurcation of malls between Class A properties — those that have the highest sales per square foot — and those rated B or C by Green Street Advisors. Despite the supposed death of the mall, Class A properties remain vibrant retail hubs, with stable or rising sales per square foot. As a result, there is ample demand for space at these malls. By contrast, B- and C-rated malls are enduring traffic and sales declines. more


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