Some of these malls seem to be coming back to life, at least those in upscale areas. For example, the Danbury Fair mall in Connecticut has been quite crowded lately with new restaurants and stores opening up. Including a large facility for bowling, billiards, etc. The Apple (and Microsoft) stores there are mobbed. Food court does a brisk business.
Granted, the high end clothing stores are mostly empty. Have no idea how they even stay in business.
We have about half of our malls in my large city failing. But the failing ones are in the areas with the most subsidized housing, no surprise.
I’ve noticed the trend is more toward the “urban village” model, where residential, office, and commercial retail features are all combined in an urban, open air environment. The Neiman Marcus closed in our outdated mall and moved to one of these new, up-and-coming areas in a stand-alone building. I kind of like the new model.