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Ghost Malls Revive: Unique Tenants Reshape Retail Landscape

8/12/2025

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Summary

Story summary

Ghost malls are experiencing a revival despite major retail closures, including Macy's and Nordstrom.
Unique tenants such as churches, pinball museums, and local food vendors are breathing new life into these spaces.
The Lloyd Center in Portland, Oregon, has become a vibrant hub for small businesses and creative retail.
Experts forecast 45,000 store closures in the next five years, yet some retailers may find opportunities to thrive.

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Story summary

Ghost malls are experiencing a revival despite major retail closures, including Macy's and Nordstrom.
Unique tenants such as churches, pinball museums, and local food vendors are breathing new life into these spaces.
The Lloyd Center in Portland, Oregon, has become a vibrant hub for small businesses and creative retail.
Experts forecast 45,000 store closures in the next five years, yet some retailers may find opportunities to thrive.