The current scene at many malls—new ones in particular—is more ghost town than teeming shopping hub. More than 10% of retail space at U.S. shopping centers is vacant, up from 8.4% a year ago. And 30% of malls that opened their doors this year did so with at least 50% of their storefronts empty.
The stats come from research firm Reis Inc., by way of the WSJ. A big reason for all the vacancies is the disappearance of so many familiar retail names. If you’re keeping tabs on what stores are goners, WalletPop lists a bunch of them. Here’s hoping that you don’t have an unused gift card from any of the recently deceased.