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| Four things to expect from your banker | | When it comes to banks, businesses have a love/hate relationship. The banker is usually there when you don't need them, but too frequently not able to help when you do. | | Read more >> | | Worcester mayor opposes Trump air traffic plan | | Worcester Mayor Joseph Petty on Monday joined 34 of his counterparts from cities in 28 states to speak out against President Donald Trump's proposal to privatize the nation's air traffic control system. | | Read more >> | | Business groups say no to tax review in letter | | As lawmakers work to craft the final fiscal year 2018 budget, some of the state's largest employer organizations are imploring them to cut a Senate plan to review the cost and effectiveness of tax expenditures. | | Read more >> | |
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| Question of the Week | | Can't answer the question in your email? Click here to view as web page before commenting. | While the Greendale Mall in Worcester has been struggling for years, it's not necessarily an outlier: Malls practically everywhere are facing increasingly difficult challenges, both from online retailers, changing consumer habits and rising property costs. According to Credit Suisse, more than 8,000 retail locations will close this year, about four times as many as last year and far surpassing the roughly 6,000 that closed in 2008 during the Great Recession. What should malls do to stay relevant going forward? Focus more on adding entertainment options such as movie theaters and restaurants.
Add a grocery store as a longstanding anchor tenant.
Add more service-centered tenants like hairdressers and auto repair shops.
Nothing. The days of the mall are over.
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