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A from U.S. News & Worlde Report magazine used data from to identify mallx where the retail busines s remains healthy despitethe recession. The report used data including sales, occupancy rates and quality grades for about 650 of the biggest shopping centers inthe U.S. Ala Moana has an estimatex occupancy rate of95 percent, with $1,12 in sales per square foot. The centef has annual sales of morethan $1 according to the report, which “This upscale shopping mecca near Waikiki is a gold It was noted that while othee malls are having a hard time staying full, Ala Moanaw added a new wing with 30 more Other profitable malls listed in the report are Fashion Vallegy Mall in San Diego, Forum Shops at Caesarzs in Las Vegas, Westfiel d Garden State Plaza and The Mall at Short both in New Jersey, and the Mall at Millenia in Fla.
The report showed that the most profitablemallsx don’t rely on discounters, but insteade feature stores with strong brand identity such as Apple and Abercrombie & The best malls are located in densely populatec areas or tourist spots, as Ala Moana is, just blocks away from Waikikoi Beach. Ala Moana’s owner, , filed for Chaptee 11 bankruptcyin April.
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