retail and real estate mogul billionaire and expert rick caruso, founder and ceo of caruso affiliated world's most successful lifestyle developers of residential retail and commercial properties. the grove in l.a. americana here on long island. luxury retail. >> and glendale, california, the americana. >> in glendale as well. what does a mall look like in ten years, rick? >> i think the mall is evolving quickly. it can't stay the way it is today. i mean, i've been very open about the fact that an indoor mall, unless it gets reinvented, i think goes away. you already see that happening. there's a huge move by retailers to the street to open air. they want to be able to connect with their consumers, have a broughter experience. and i think we're going to see a lot of the malls closing up, and there's going to be a reuse of malls. i think it's going to really narrow down. >> the existential threat facing retail with the surge in online shopping. still, 94% of retail sales in this country are brick and mortar. so how do you separate the winners from the losers as this shift evolves? >> fi