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flag A major U.S. mall chain closed 443 locations in 2025 due to declining foot traffic and financial pressures.

flag A major U.S. mall and strip mall chain shut down 443 locations in 2025, marking a significant shift in retail real estate. flag The closures, which occurred without widespread public announcement, reflect ongoing challenges in the retail sector, including shifting consumer habits and rising operating costs. flag The company cited declining foot traffic and financial pressures as key reasons for the reductions. flag The move underscores the continued decline of traditional shopping centers amid the rise of e-commerce and changing shopping preferences.

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