Look inside the most luxurious mall in America, where the rich do their shopping and stores have to wait for a coveted spot
- Despite the fact that thousands of shopping malls are closing their doors, some luxury shopping centers are still hot spots for an affluent clientele.
- One luxury mall in Miami, Florida, is doing particularly well, and some stores are being waitlisted for a coveted spot in the shopping center, according to Bloomberg.
- Bal Harbour Shops is one of the most luxurious shopping centers in America, and it's thriving.
Many malls across America are currently struggling to keep their doors open, with sales plummeting as shoppers decide to spend their money elsewhere. But some luxury shopping centers are thriving despite the retail apocalypse. Among the most successful of those shopping centers is the Bal Harbour Shops mall in Miami, Florida.
Bal Harbour Shops sits in a high-end beach destination and has attracted affluent shoppers since it first opened its doors in 1965. Now, the high-end shopping center is profitable and planning a $400 million expansion that will involve adding a new wing, including a Barneys New York store.
Looking more like a tropical resort than a shopping center, Bar Harbour Shops is home to countless luxury boutiques and restaurants that are thriving despite the mass store closings other malls have seen.
Keep scrolling for a look inside the most luxurious shopping center in America:
The Future of Retail 2018 by the BI Intelligence Research Team.
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