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The Westfield South Shore mall on Long Island and the Westfield Trumbull mall in Connecticut were sold for $196 million last week, much to the surprise of local employees.
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The mall was built back in 1973. It’s been struggling with high vacancy rates for years after losing many of their shoppers to online retail.
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Sears is closing 20 locations across the country that may lead to the downfall of the malls they once were in.Most malls have their anchor stores. Names…