Now, The Grove LLC — the shopping mall that is owned by Caruso and made him a household name in L.A. — has filed an ...

As major retailers and department stores continue closing, malls are looking for ways to boost foot traffic and sales.

The struggling retailer said that by 2026, it planned to shut down 150 “unproductive” stores, about a third of its locations.

The malls of the 2000s are gone with brands like Macy’s, Sears and JCPenney’s that used to serve as the anchor points for ...