US malls 'will be hit hard' if coronavirus worsens, new study shows

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US malls 'will be hit hard' if coronavirus worsens, new study shows
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If the coronavirus spreads further in the U.S., that could mean really bad news for U.S. mall owners, according to new survey data.

Roughly 27.5% of respondents said they were already beginning to cut back visits to public areas, Coresight's survey said. Data suggests malls "will be hit hard," it said.

Over four in 10 respondents said they were already avoiding or limiting visits to malls, Coresight found. Meantime, it is the older consumers who appear to be more likely to avoid venturing out to shop, if the coronavirus spreads further in the U.S.

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