As retail spending sputters, malls are evolving

Shopping malls now want to be known as a place where teens can just hang out.
The exit of Sears Canada is casting a further shadow over the future of the staid shopping centre  as the retail industry continues to deal with increased competition, lower consumer spending and more stores choosing to close their doors.
Sears, which officially closed all of it’s Ontario stores this month leaves many shopping centres, including Carlingwood Mall, where it occupied close to 180,000 square fee