There are approximately 1,000 to 1,100 enclosed malls in the United States as of 2014; this number represents only a fraction of the 47,000 shopping centers of all types located in the country. About 40 percent of U.S. malls target high-income shoppers.Continue Reading
Approximately 1,500 enclosed shopping malls were built in the United States between 1956 and 2005. However, since 2006, not a single new mall has been built, and many malls have closed or are predicted to do so in the near future, as of 2014. One of the key elements in the reported death of the shopping mall is the ease of online shopping. Some estimates predict that 15 percent of U.S. malls are likely to fail by 2024.
A shopping mall is considered a regional mall if it contains two anchor stores, typically large department stores, and if its shoppers come from a 20-mile radius. In the United States, there are about 350 "super-regional" malls that are even larger, serving shoppers within a 100-mile radius and featuring a minimum of five anchor stores. The largest mall in the United States is the Mall of America in Minneapolis, Minn. The Mall of America features 4.2 million square feet of shopping space and includes a 7-acre amusement park and a wedding chapel.Learn more about Industries