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The evolution becomes a revolution

Long ago and far away, American shopping centres were the envy of the world. That reputation is now becoming tattered. Some of its major department store chains are on death row, seemingly without hope of reprieve. Meanwhile, the specialty retail mix at regional and super-regional centres is undergoing lasting change. To call it a revolution or just a rapid evolution is an exercise in semantics. And although it began in the northern hemisphere, the phenomenon is no longer confined there. It is ‚