Doubling down on the American shopping mall By: CNBC.com News June 08, 2015 at 06:00 AM EDT Investing millions of dollars in a shopping center may seem like a loser's bet. Yet developers are ponying up big bucks to recreate America's malls. Read More >> Related Stocks: American Express GX Defense Tech ETF J C Penney Company Inc Simon Property Group Wal-Mart Stores, Inc.