Rise and Fall of American Malls Quiz

What are anchor stores in a mall?

• Stores with low foot traffic

• Stores with high rent

• Stores facing the parking lot

• Stores located in the middle of the mall

What was a major challenge faced by malls in the 90s?

• High rent for inline stores

• Lack of anchor stores

• Competition from online shopping

• Excessive foot traffic

What impact did the 2008 financial crisis have on malls?

• Rise in anchor store popularity

• Lowered retail spending

• Decreased competition from online shopping

• Increased foot traffic

What is one of the reasons for the decline of malls in the early 2000s?

• Increase in anchor store rent

• Rise of department stores

• Decrease in retail square footage per capita

• Competition from online shopping

What is the median income for the surrounding area of Greenbrier Mall?

• $27,661 per year

• $35,000 per year

• $20,756 per year

• $30,000 per year

What is the potential strategy for middling malls to survive?

• Increase anchor store rent

• Focus on shopping experiences

• Reduce the number of inline stores

• Lower the quality of the mall

What percentage of Gen Z's had gone to a mall in a three month period before the pandemic?

• 75%

• 95%

• 50%

• 100%

What is the estimated hit to net income for malls in a post-COVID world?

• 10%

• 5%

• 20%

• 15%

What type of malls are rated A- or better by Green Street Advisors?

• High-end malls

• Department store malls

• Discount malls

• Middling malls

What is the number one reuse of an existing mall?

• Retail space

• Entertainment complex

• Parking lot

• Workspace