Weatherhead's Jonathan Ernest weighs in on decline of malls

Malls once booming with shoppers are now fading in popularity

Spectrum News: Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, said Ohio malls continue to decline as shoppers stay away and revenues fall. He noted the U.S. has lost roughly half its malls, with many surviving only as long as anchor stores remain. Safety concerns and weaker experiences further discourage visitors, Ernest noted.