San Fernando Valley Business Journal: Retail Landlords Look to Repurpose Big Boxes

LIST: Traffic strategy shifts from department stores to gyms and theaters. By Ethan Varian, Staff Reporter As big box retailers such as Sears Holding Corp. and Macy's close stores at malls, Valley shopping center landlords are revamping the va­cant retail spaces as part of an effort to provide new offerings ranging from gyms and movie theaters to outdoor community spaces and cre­ative offices. The goal is to give shoppers additional rea­sons to come and spend time at the mall. Larry Green, senior vice president of devel­opment at Westfield Corp., said that after the Sears at the Westfield Topanga closed in 2015, the Woodland Hills, No....