<ul><li>Walmart has acquired Monroeville Mall near Pittsburgh for $34 million and plans to redevelop the site for retail and mixed-use development.</li><li>Amazon has repurposed struggling malls into distribution centers, acquiring several former malls to convert them into fulfillment centers.</li><li>Malls are facing challenges with vacancies, declining foot traffic, and competition from eCommerce. There is a trend towards mixed-use developments, incorporating housing, offices, healthcare facilities, and more.</li><li>Walmart is set to cut jobs and close its North Carolina office as part of a restructuring plan, while investing $6.5 billion in new stores and growth in Canada.</li></ul>

Amazon and Walmart Focus on Revamping Malls

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