Affluent consumers are key to retail centers as the K-shaped economy hits lower-end shoppers hard, and that's leading the private club concept to more cities.
source https://www.cnbc.com/2026/02/01/retail-mall-stores-closures-private-clubs-commercial-real-estate.html
As American retail store anchors fade, private clubs are taking over more commercial real estate
February 01, 2026
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As American retail store anchors fade, private clubs are taking over more commercial real estate
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