A shopping mall is a modern, chiefly North American, term for a form of shopping precinct or shopping center in which one or more buildings form a complex of shops with interconnecting walkways, usually indoors. In 2017, shopping malls accounted for 8% of retailing space in the United States.
The two properties are owned by the same family and regularly partner for events to great effect. The mall’s lunar New Year festival, for instance, helped drive sales in January, a typically slow time. “We definitely saw the results in the stores,” says Gunn Downing.