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Stock impact report

Banana Republic, Tommy Bahama, other retailers exit popular mall [Yahoo! Finance]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
Company Research Source: Yahoo! Finance
Surprisingly, many landlords welcomed this as good news rather than a challenge. They are focusing on bringing in stronger, more profitable tenants that can pay higher rents and attract current shopper demographics, according to the Wall Street Journal Landlords are eyeing multiple smaller retailers or entertainment/dining options that could generate higher sales per square foot. “You can't blame declining foot traffic for pushing many mall retailers to close stores,” explained retail expert and TheStreet Co-Editor-in-Chief Daniel Kline. In October 2025, the foot traffic to indoor malls and open-air shopping centers grew significantly both year over year and month over month, according to data from Placer.ai Placer.ai data, however, measures foot traffic and not purchases. Further, mall values are still far below the peak of 2016, and chain store closures leave vacancies that are hard to fill, especially for second-tier malls. “And hundreds of low-end malls across the U.S. Show less Read more
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