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Store closures will push 30% of US malls to the brink of death

Since the start of the year, more than 1,500 store closures have been announced by retailers including JCPenney, Macy's, and Sears.

Hundreds of shopping malls in the US are at risk of closing.

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When they lose a tenant, especially a department store, it's often challenging to find a replacement.

"The top 300-400 malls by quality should fare well for the next several years, but it is reasonable to assume that several hundred lower quality malls will either close or become irrelevant retail destinations over the next 10 years."

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