Around the Net

LA Businessman Could Singlehandedly Save Retail

Los Angeles-based billionaire Rick Caruso has a vision for retail that could turn the tide on the rapidly dying shopping mall. His projects such as The Grove blend outdoor spaces, destination activities and retail. “We have a formula for how we don’t overprogram it,” he tells The Wall Street Journal. Another development, Palisades Village, is designed to look and function like a small town.

Read the whole story at Wall Street Journal »

Next story loading loading..