Prof. Chandna comments on Younkers’ Grand Chute closing
Bon Ton Stores Inc. is closing 42 stores — nine in Wisconsin — including Younkers at Grand Chute’s Fox River Mall. Experts are weighing in on what kind of potential that soon-to-be empty department store space has for future tenants. WBAY-TV interviewed UW-Green Bay Assistant Prof. Vallari Chandna (Business Administration). She said that if an anchor store closed a year ago, the domino effect was widespread. Today, that’s no longer the case. “I think the anchor stores were a big thing a few decades ago. We’re definitely seeing this big shift away from anchor stores, and malls are finding ways to deal with it,” said Chandna.