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But the shopping mall isn't dead yet. In 2019, American Dream, a 3 million-square-foot megamall, opened its doors in East Rutherford, New Jersey.
Malls poised to survive and even thrive in 2021 are top tier "A'' malls that house luxury retailers whose higher profits bolstered their ability to weather this year's downturn.
Today, malls across the U.S. are dying. No new enclosed mall has been built since 2006, and Lewis predicts fully half of all our malls will close in the next 10 years.