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Westfield tests food-ordering program as mall operators tackle rise of e-commerce
date:May 29, 2014
out projects to reinvigorate the 54-year-old company's shopping centers at a time of declining foot traffic in malls and growing online sales.

At an industry conference earlier this year, real estate developer Rick Caruso said the typical U.S. mall will be viewed as a historical anachronism within 15 years unless it is completely reinvented.

That sentiment is shared at Westfield, which is stepping up innovation efforts even as it goes through a financial restructuring of its own.

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12/24 03:38