As retail stores fade, private clubs take over mall real estate

As retail stores fade, private clubs take over mall real estate

Guests at the Fendi Dallas Highland Park Village Boutique in Dallas, Texas. Rick Kern | Getty Images Entertainment | Getty Images In today’s K-shaped economy, lower-income consumers headed out to shop may be hitting Dollar General or a post-bankruptcy Big Lots, but affluent Americans are increasingly headed for the shopping center private club. Membership clubs are…

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