As American retail store anchors fade, private clubs are taking over more commercial real estate

Affluent consumers are key to retail centers as the K-shaped economy hits lower-end shoppers hard, and that's leading the private club concept to more cities.

# As American retail store anchors fade, private clubs are taking over more commercial real estate Affluent consumers are key to retail centers as the K-shaped economy hits lower-end shoppers hard, and that's leading the private club concept to more cities. **Read the full article:** [CNBC](https://www.cnbc.com/2026/02/01/retail-mall-stores-closures-private-clubs-commercial-real-estate.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*