General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAmerica's Shopping Malls Are Dying A Slow, Ugly Death
All across America, once-vibrant shopping malls are boarded up and decaying.
Traffic-driving anchors like Sears and JCPenney are shutting down stores, and mall owners are having a hard time finding retailers large enough to replace them. With a fresh wave of closures on the horizon, the problem is set to accelerate, according to retail and real estate analysts.
About 15% of U.S. malls will fail or be converted into non-retail space within the next 10 years, according to Green Street Advisors, a real estate and REIT analytics firm. That's an increase from less than two years ago, when the firm predicted 10% of malls would fail or be converted.
"The risk of failure for a mall increases dramatically once you see anchor closures," said Cedric Lachance, managing director of Green Street Advisors. "Their health is very important ... and most of them are highly likely to continue closing stores."
Within 15 to 20 years, retail consultant Howard Davidowitz expects as many as half of America's shopping malls to fail. He predicts that only upscale shopping centers with anchors like Saks Fifth Avenue and Neiman Marcus will survive.
...
Most struggling malls don't go down without a long, drawn-out fight, however the evidence of which exists in hundreds of communities across the country where vacant wings of various shopping centers are beginning to crumble and decay. States hit particularly badly include Texas, Pennsylvania, Ohio, New York, and Illinois, according to Deadmalls.com, which tracks mall closures.
Read more: http://www.businessinsider.com/shopping-malls-are-going-extinct-2014-1
CBGLuthier
(12,723 posts)The one on the south side that died a few years ago has been revived as a hispanic-themed mall. The one east of us is an out-and-out dump.
But Oklahoma has always been a few years behind the national trends.
I have not stepped foot inside a mall in ten years.
Ilsa
(61,694 posts)Crappy cheap clothes that are the same in each store, No help with finding and fitting, and now concern about ID theft if one pays electronically.
mindwalker_i
(4,407 posts)But the other part is that people don't have money anymore to spend on cheap, or non-essential crap.
Ilsa
(61,694 posts)and they need less "junk". Others are looking for quality so that the asset is around awhile. And even more people simply don't have the money to spend on anything but food, transportation to work, and shelter.
Aerows
(39,961 posts)picking through the offerings.
BlueStreak
(8,377 posts)People don't have the spending power they had 20 years ago, and they don't buy their essential good at the mall.
Not only is there less disposable income, a big part of that now goes to cell phones and cable teevee. That's a big change from 20 years ago.
And finally, who has the time to hang at malls? If you aren't working 2 jobs, you are probably working longer and harder at your one job, and in no mood to go hang at the mall after a day of high stress work.
itsrobert
(14,157 posts)The Escondido mall replaced a big space with a Target. A Cheesecake Factory just opened up there doing brisk business (over an hour wait during dinner hour). Another major restaurant chain restaurant is in the works. Parking lots are full. The Carlsbad mall also looks to be gaining more tenants and customers. Down in San Diego, Fashion Valley Mall is filled every time I go over there.
Nye Bevan
(25,406 posts)The only exception would be if it was for something I needed literally that day, and I knew that the store had it.
I accomplished 95% of my Christmas shopping on Amazon and the internet. No rush, no fuss, no crowds, no searching for a parking space. Everything delivered to my door. A real pleasure.
RKP5637
(67,104 posts)my other searches let me know what I am getting. I haven't been to a large mall in years.
We have a small one here, I go there because they have an excellent discount store, a thrift shop and a couple of other stores.
I don't like large malls, the crowds, the parking, the people all over the place, etc., etc. I don't view going to the mall as fun, I view it as a pain in the butt.
phylny
(8,379 posts)which is more suburban, I buy through Amazon or online. I feel badly for all the people who are being put out of work, but I wish there were more really local options where I live. Alas, there are not.
B Calm
(28,762 posts)using it as an indoor track to get their daily walks in.
reformist2
(9,841 posts)Old dumpy malls are the best places for them.
KittyWampus
(55,894 posts)reformist2
(9,841 posts)Downwinder
(12,869 posts)txwhitedove
(3,928 posts)reformist2
(9,841 posts)snooper2
(30,151 posts)I'll need the rest of the mall for my multi-level indoor Kart track
reformist2
(9,841 posts)tabbycat31
(6,336 posts)First of all barely anything aimed at people under 50 is opening because the powers that be want to keep the riff raff out.
The other thing would be liability insurance.
phantom power
(25,966 posts)it seems to me that the internet is mostly filling the niche that anchor stores like Sears and JCP used to fill: that is, one-stop shopping.
If I want one-stop shopping, I have Amazon. And if it isn't on Amazon, I can probably find it with Google. If I order >= $25, and if I'm willing to wait 5-9 biz days (which is most of the time), I get free shipping, too.
And, I don't have to endure the attentions of salespeople, who are frequently rather in the high-pressure end of the spectrum. My wife and I, uncharacteristically, actually stopped into Sears a few months ago to try and pick up a small-ish flat screen TV on short notice, and we ultimately left without purchasing anything because the sales-guy was an asshole.
That entire business model is circling the drain.
LuvNewcastle
(16,844 posts)They're never there when you need one, and when one shows up, they usually have an attitude. I agree about shopping online. No sales people, no waiting in lines at the checkout, excellent selection, and usually a rock-bottom price. It's well worth the wait for the goods to arrive.
SheilaT
(23,156 posts)arikara
(5,562 posts)You could actually find a sales clerk when you went in the store. Every customer was greeted, and help offered, but not pressured. The big department stores were full of good merchandise even in small towns too, stuff worth buying even if it wasn't marked down 90% off. I used to work in the Bay for a few years, we made a very decent wage.
Then the Bay changed their business model and kept going cheaper, changed to Zellers then to something else I don't even know what it was, nothing but junk regardless. Now Target (Canadian version) has moved in to a lot of those places, I walked into a store, looked at the bare shelves and cheap useless crap, walked out and have never gone back. Now I shop at thrift stores and local craft fairs mainly. Or online. Its not like we need any more useless possessions anyhow.
former9thward
(31,984 posts)I am in favor of both but it is costing millions of jobs.
spin
(17,493 posts)randome
(34,845 posts)More evidence, as if any was needed, that the government needs to better allocate its resources so that people have more disposable income.
[hr][font color="blue"][center]I'm always right. When I'm wrong I admit it.
So then I'm right about being wrong.[/center][/font][hr]
HughBeaumont
(24,461 posts)The ones that are open are 60-70% vacant with about 50 people in them. The only thriving area is the food court. Parmatown is being demolished, Midway is breathing it's last, there's nothing in the once-thriving downtown Galleria, Great Northern is all but dying, and Beachwood Place is only breathing because it's next to Legacy Village.
Weirdly enough, in freezing Northeast Ohio, the outdoor town centers like Westgate, Crocker Park, Steelyard Commons and Legacy Village are doing great.
You go to enclosed malls like Arundle Mills (MD) and Tyson's Corner (VA) and they're both packed like sardines. Once the Silver Line on the DC Metro gets underway this year, going to Tyson's will be easier than ever - no insane traffic to deal with.
awoke_in_2003
(34,582 posts)Oh no- I killed a lot of time during my teens in that mall. I lived in Brook Park.
HughBeaumont
(24,461 posts)stopbush
(24,396 posts)That mall was built in Ashtabula County, just outside Ashtabula's city limits, which meant the city got none of the tax revenues while the existence of the Mall served to kill all of the locally owned businesses in downtown Ashtabula. Typical of what happens in 'Bula.
My old hometown is quickly devolving into Hillbilly Heaven. Haven't been back there since Mom died in 2010, and I have no plans to ever go back there if I can avoid it (I live in SoCal).
When I was growing up in NE Ohio, we used to go the the Severance Mall. They had a record store that carried a lot of classical music. Is that mall still around?
Neurotica
(609 posts)We lived in Cleveland Heights. There was a bakery at Severance that had the best sugar cookies. I've not been able to find their equal. I'm not sure if the mall is still around. I took my own family back a couple years ago (just drove through my old neighborhood) and the whole area is pretty run down now. Sad.
And I used to go to the Ashtabula mall with my grandparents, who had a farm in Kellogsville (near Conneaut). The only other place they could really go to do major shopping was Erie (or Cleveland).
a kennedy
(29,653 posts)all on-line shopping for me, or I will go to our downtown area. Can not stand malls, never did.
GP6971
(31,141 posts)About 3 years ago.....bought a pair of shoes. Now I find them online (not Amazon). My closest mall is 17 miles either north or south. Why waste gas when you can purchase it with a couple of clicks......do feel very bad how it affects the local economies. But Here, I've seen a resurgence of small businesses.......a little grocery store opened in our town. I try to support it as much as I can. What I've noticed recently is that the Walmart parking lot I pass by everyday has less and less cars.
Warpy
(111,245 posts)but it was replaced by a chichi outdoor mall across the street. The defunct mall now has Dillard's at each end (one for men's wear and household items, the other for women and children) and nothing in between. It's a shame, really, indoor malls are more pleasant during the hottest part of the desert summer.
Strip malls are the ones that are really in trouble around here. All have vacant stores like a lost tooth in a smile; many have multiple vacant stores.
This is the end game, when the rich have stolen so much out of the economy that the economy starts to collapse. Ours is taking a slow route to dissolution rather than the quick one in the last depression, but it's going to go completely unless Washington finally wakes up and realizes Reaganism was a con job and didn't work and that the folks back home are not going to vote for anyone who is pretending it did.
-Laelth
kelliekat44
(7,759 posts)closing. Customers are hurting and so business is down but the rents keep going up. Greed of the mall landlords is hurting the economy and neighborhoods where the malls are located. And the large mall chains --Westfield especially-- buy up the strip malls within a 20 mile radius too, increase rents there and have forced at least three strip mall to all but shut down in the surrounding areas. Greed is the culprit. Massive unadulterated greed.
WinkyDink
(51,311 posts)MicaelS
(8,747 posts)She was able to get a custom building built from the ground up with a mortgage payment less than that.
adirondacker
(2,921 posts)kelliekat44
(7,759 posts)This was an issue and is an issue that the Dems should have jumped on and small businesses would be worshiping their walking ground. But the paid consultants keep thinking inside the circle, They haven't even noticed the box.
adirondacker
(2,921 posts)He was operating on a shoestring budget and still came out making a statement.
The entertainment value was priceless as well.
I wish the President would have brought up campaign finance reform alongside the income disparity during his SOTU speech. Without it, it's going to only get worse for the bottom half.
L0oniX
(31,493 posts)FarCenter
(19,429 posts)US 46.6 square feet
India 2.0 square feet
Mexico 1.5 square feet
UK 23.0 square feet
Canada 13.0 square feet
Australia 6.5 square feet
It seems to me stores have a major problem here. The problem is increasing competition for customers who have no job and/or retirees with little need for anything but food and shelter.
Read more at http://globaleconomicanalysis.blogspot.com/2011/11/country-by-country-per-capita-retail.html
JI7
(89,247 posts)FarCenter
(19,429 posts)It was probably Eddie Lampert's intent to sell off all the real estate, pocket the money and close up shop. Too bad the bottom fell out of the real estate market before he was able to pocket the cash.
JI7
(89,247 posts)may at one time have been better.
i don't understand why they don't follow the target model where even if you present yourself as offering low prices that the stuff is not crappy and the store a mess. and good deals are only good if the item is good.
WinkyDink
(51,311 posts)awoke_in_2003
(34,582 posts)Aerows
(39,961 posts)It's nothing new. They've always been shit holes.
bluestate10
(10,942 posts)Low salaries are killing the country in many ways, they force poor people to keep feeding China Inc.
awoke_in_2003
(34,582 posts)growing up my family was poor, and even then I thought K Marts were a bit dumpy. And I fully agree with what you say about salaries. The powers that be wanted trade relations with China to bring all the workers of the world to the same level. It is too bad that they want it to be to the level of the Chinese worker.
durablend
(7,460 posts)That's exactly what he's doing albeit on a smaller (slower) scale than he probably wanted. Stores are being ditched as the leases run out. He's already said they don't intend on running the brick & mortar business long term.
eallen
(2,953 posts)Prior to the internet, a mall was the premium one-stop for information, entertainment, and shopping. You could browse the latest magazines of interest, buying the ones you wanted, check out the latest books. Take in a movie, if you had the time. Malls would get a large share of visits from people who bought no piece of clothing or appliance. No matter how unattractive from an architectural perspective, they were a major media outlet of their day.
Now, information and entertainment are all online. Malls just don't cut it for selling clothes and gizmos. Mourn them if you wish, but they're day is as past as the pay phone.
madamesilverspurs
(15,800 posts)with people around the region and from surrounding states. Then it was bought by a company who turned it into a cookie-cutter copy of all their other malls, and it's gone downhill ever since. The original mall had a number of mom-and-pop stores that gave it a unique flavor; they were all forced out by the new owners. Nowadays, our mom-and-pop stores are opening in a re-invigorating downtown and in our neighborhoods, while the mall has become the gathering place for local gangs. Stupid and utterly unnecessary decay.
WillowTree
(5,325 posts)There are no less than 6 major malls within a half hour of where I live. And that doesn't include the plethora of mini-malls and strip malls. Too many.
Vashta Nerada
(3,922 posts)Good riddance, I say.
JI7
(89,247 posts)they can still offer the food court. but in place of those anchor stores they can put in things like restaurants, bakeries etc.
even things like gourmet food markets . people are into these things these days.
and in southern california at least i think outdoors malls do well. but this would only work for areas with similar weather.
Tanuki
(14,918 posts)got a makeover when Vanderbilt University Medical Center took over a major part of it for outpatient clinics and offices. It was a great use of underutilized space, freed up space in the actual medical center inpatient neighborhood, provided lots of existing parking for staff and patients, and revitalized the remaining mall stores and all the stores and restaurants on the periphery. Other communities could fill needs for vocational/technical education, recreation centers, low income or senior housing, etc., by re-purposing failing malls.
Eleanors38
(18,318 posts)The burgeoning arts community: theater, dance, art instruction, practice space, movie production. But most of the old shopping centers are full, and charging ultra-high rent.
Tanuki
(14,918 posts)for arts spaces or other needed purposes. I love the idea of giving existing buildings a new life whenever possible.
Eleanors38
(18,318 posts)Some malls here have been "taken over" by institutions, but the city has demolished large, paid-for buildings it owns, or turned the real estate over to developers. For all of Austin's "weirdness," it is not very interested in arts promotion. It IS interested in serving bidness & developer interests with huge incentive$.
texanwitch
(18,705 posts)I think it is call Highlands Mall.
I remember that mall years ago.
The last time I was there it was so different.
Eleanors38
(18,318 posts)should buy at least a portion of the structure, and convert it into a multi-use arts platform.
texanwitch
(18,705 posts)Those old malls should have a new life.
Northline mall in Houston was partly turned into a junior college.
Eleanors38
(18,318 posts)texanwitch
(18,705 posts)Plenty of parking.
It has been a while since I had been there.
LuvLoogie
(6,994 posts)Live music venues might work, too.
Auggie
(31,165 posts)I'm not exactly sorry to hear this.
Volaris
(10,270 posts)and convert them into-- City Civic Centers, (excersise and rec, Muni. Courts--they have the space for it)
LOCAL State Extension Offices (Unemployment, Social Services, Etc.)
LOCAL FARMERS' MARKETS (because why the hell not)
State and Community College Extension Campuses
Whatever the hell else we can think to jam in there-- hell, most of them have old Theaters in them, you could use them for Community fine arts performimg centers if you wanted to. The Possibilitits of an already-existant, mulit-purpose building like that are nearly ENDLESS, and I would bet that if they sit vacant for a year or so, they would go cheapcheapcheap.
AngryAmish
(25,704 posts)I grew up about 15 miles away but I had not been there in over 30 years.
BTW, only other time there was with my sisters and all their friends to see Rick Springfield at the height of Jessie's Girl mania. I was about 10. Being in a mall with ten thousand screaming girls, I'll never forget. No wonder I got a job the next year, to get away from that crap.
Anyway, it had not changed.
Four anchor tenants: Sears, JC, Nordstrom and Macys. Macys looks like a dollar store. Sears is bankrupt. Didn't go to the others.
Nice indoor playground tho.
The_Commonist
(2,518 posts)The last time I set foot in mall was back in the 90's.
Whoa... that was like 15 years ago!
Nye Bevan
(25,406 posts)I understand they have food courts and sometimes movie theatres.
Dawson Leery
(19,348 posts)1000words
(7,051 posts)Make them into parks and community centers.
adirondacker
(2,921 posts)Logical
(22,457 posts)adirondacker
(2,921 posts)zappaman
(20,606 posts)Scootaloo
(25,699 posts)mstinamotorcity2
(1,451 posts)Wal-Mart an anchor store
Roland99
(53,342 posts)On the west of Orlando
Closest mall to us now is I-4 and the FL Turnpike (and it's PACKED almost always). Half is very high-end (Tiffany's, Cartier, etc.) while the other half is normal shopping mall stuff (Claire's, Macy's, etc.)
Outlets are always PACKED (both of them...one near Universal, one near Disney).
We have one of those outdoor type "malls" (series of new "strip center type stuff) Anchored by a Super Target, Lowe's. Even have a Barnes and Noble. Place is always jam-packed.
mike_c
(36,281 posts)...and it is half empty. Several anchor stores have come and gone. Half the smaller retail spaces are either empty, or they rollover every time I go there which, admittedly, isn't often.
KG
(28,751 posts)randome
(34,845 posts)Rolls of quarters quickly emptied. Proudly blistered thumbs. Berserk! Dig-Dug! Defender!
[hr][font color="blue"][center]Treat your body like a machine. Your mind like a castle.[/center][/font][hr]
ErikJ
(6,335 posts)reformist2
(9,841 posts)Nye Bevan
(25,406 posts)I'm pretty sure that "Big Box" stores will not be the "end result" of retail.
reformist2
(9,841 posts)Nye Bevan
(25,406 posts)Apple Stores, for example, seem to be reasonably successful.
kpete
(71,985 posts)Curmudgeoness
(18,219 posts)and cannot figure out why all the shopping centers are going to open air spaces. I have wanted to do my "next winter" shopping for some new winter clothes, and since all the retail areas are now centers where you have to walk outside to get from one store to the other, I am not even tempted to go. I used to be able to get out of the cold/rain/sleet/snow/wind and shop when I got to a mall. Now, I hate shopping unless it is a really nice day. We have about 10 of those days a year.
SheilaT
(23,156 posts)When the first one like that opened up near me it altered my shopping habits so that I went to that location for a specific store, went inside, bought what I wanted or needed, and left. Never went to other stores to browse and perhaps buy.
As I've gotten older my shopping habits, no doubt like most people's, have changed a lot.
My biggest fear that all shopping will switch to on-line is that I won't really be able to buy clothes any more. Don't know about you, but I absolutely have to try things on to make sure they fit. Especially shoes because of a bunion on my right foot, plus I'm rather of an in-between shoe size, so there is no way I can buy without trying on. But all regular clothes are the same way, as different styles and different manufacturers fit differently. Again, at this stage of my life I don't buy a lot of clothes, but I do want them to fit reasonably well.
Curmudgeoness
(18,219 posts)I have never bought anything but books online, and that is because a book is a book. No different size, no material that I may not like, or problems with length or width. When I think of how many things that I love go into the fitting rooms, and how many I wouldn't be caught dead in when I try them on, I figure I would have a 20% chance of liking what I buy online, if that. Factor in that I love fabrics that feel nice and shop by touch, and that 20% would probably go to 5% just because I would never have taken many things in to try on. And at this stage in my life, it is harder to find something that fits properly, since my body is no longer shaped properly.
SheilaT
(23,156 posts)So many things need to be touched before buying.
I buy books online, but I also go to my local bookstore.
Curmudgeoness
(18,219 posts)I never bought a book online before that. Even if I did pay a few bucks more.
LWolf
(46,179 posts)I haven't shopped at a mall in about 25 years. There was something about the over-priced stores charging over-priced rents, and the "shopping as a recreational hobby" thing that I found so distasteful that I simply stopped going into them at some point. I shopped small local stores that weren't in malls, small stores not in malls in the towns closest to mine, farmer's markets, swap meets (until they became too much like outdoor malls,) garage sales, stores selling used items, and, if I couldn't find it any other way, online. At one point I bought most of my work "uniforms" from a parent working out of her home; I was teaching elementary school. She would come to school with about 5 styles of jumpers, and we would choose fabrics; she would make them and fit them. Depending on the shoes and shirt, we could dress them up or down. I still have a closet full.
I also bought tamales in bulk from a neighbor who made them out of her home, and jewelry made by local people...out of their homes. I've tried to find local producers for whatever I can. I just don't like shopping malls or the shopping mentality that seemed to go with them.
defacto7
(13,485 posts)usually with money from investors who have been told they will be profitable in rents once the stores open which many times never happens. The only profit to be made goes to the brokers, builders, developers and land owners. The investors are usually upper middle class retired people who don't know better and are left with the results. Because of the phenomenon there are too many shopping malls and strip malls; the market is glutted with empty store space. It's an old (usually legal) scam that's been happening for 30 years. This isn't always the case but the glut causes other good profitable malls even very large and unusual ones to fail in the shadow of some new structure that gets the attention. It's just another way the ultra rich get richer on small business investors.
dembotoz
(16,799 posts)area mall.
It hit me that i had not been in a mall-any mall for several years
not only did i survive, i did not miss them.
Nye Bevan
(25,406 posts)I am happy those days are over.
Agschmid
(28,749 posts)Yes they may not be the best jobs but they are employed. I'd hate to see any of these people hurt by this economic change, these are jobs that won't be replaced if they go. Sometimes going to shop at a mall isn't such a bad thing. Heck you could even try to buy American made... It sure seems to be a lot to ask sometimes.
Source: BLS
I'd be interested in an analysis of supply chain between malls and online shopping.
Which tends to generate more jobs and such.
I mean, when online retail drive off all physical retail, people will complain that
all the distribution centers and jobs are in X state where internet commerce is
most profitable. It's kind of digital outsourcing. What will people be saying when
all the jobs start turning into delivery jobs?
Maybe I'm being a little dramatic, I guess people have to make the stuff.
You know, I'd also be curious as to the environmental impact of physical retail
vs internet retail.
I mean, sure, physical retail requires more buildings, still requires distribution, and
requires people to travel to decentralized stores. On the other hand, internet retail
relies on, what I imagine, is much less efficient delivery. I assume it is more efficient
ship lots of goods (what, 30 tons on semis) vs shipping small collections of orders in
delivery trucks. It would be interesting to look at.
FarCenter
(19,429 posts)It's a significant part of total miles driven.
OTOH, the delivery services use small diesel trucks and vans and they have lots of computers that route them most efficiently. The computers even generate routes that avoid left hand turns.
kjones
(1,053 posts)Though you said it a lot better.
Honestly though, probably wouldn't be that big a deal if America (or a lot more of it)
had anything above sub par public transit systems. Separate issue though (or maybe not).
And I didn't know that, or well, I was only vaguely aware of the computers thing.
Guess the company starts to care when they're paying for fuel for however many
trucks they have.
ucrdem
(15,512 posts)The story last year was that the US post office out-performed UPS and DHL by miles. So the names have changed and the ginormous catalogs are gone but maybe Amazon will start buying up vacant Sears and other empty big boxes to turn into drone ports or maybe even retail outlets. . .
polly7
(20,582 posts)They build on the end of one or buy the Safeway or whatever large store drew many people to the mall, block access off completely from the rest of the mall, then close their store in a few years to build a new superstore down the road. Meanwhile, the old one sits empty and the smaller stores that lined the mall and at one time were doing very well close one by one.
randome
(34,845 posts)Trader Joe's prices are usually cheaper than even Walmart. And they seem to be doing just fine.
[hr][font color="blue"][center]Treat your body like a machine. Your mind like a castle.[/center][/font][hr]
polly7
(20,582 posts)and no longer draw people in d/t the one large store - and main attraction - being closed off, then shut down and empty.
randome
(34,845 posts)Maybe not or maybe they only have a minor presence in some malls in some cities. I think they have 'managed growth' instead of Walmart's 'GROW! GROW! GROW!' philosophy.
Maybe, like the dinosaurs, Walmart will get too big to survive a changing environment.
[hr][font color="blue"][center]Treat your body like a machine. Your mind like a castle.[/center][/font][hr]
polly7
(20,582 posts)all of those smaller stores caught in this mall closing situation were once downtown, and forced to move out to the mall because of the main attraction in the mall - Woolworths (at one time), WalMart, etc. eliminating the need for people to drive and go from business to business. I'm talking about the small cities near me, ... now, downtown is mainly banking, insurance, etc. and boring! It's better in the bigger cities, but for places like Estevan and Weyburn, for example .... shopping is becoming more and more limited to WalMart superstores. I hate them.
Benton D Struckcheon
(2,347 posts)and this continues, look for stories about how raising the minimum wage killed the mall. Count on it.
reformist2
(9,841 posts)jollyreaper2112
(1,941 posts)There's nothing wrong with the idea of a mall but the American execution of the concept is impractical. I like having all the vendors I need in one place so I can get things in one trip. But there's nothing I need at the mall. The only stores I shop at are for groceries. Everything else I get from amazon. When I used to go to the mall it would be for electronics and books. Both of those have gone digital distribution these days.
Part of the problem is the overhead. There's a lot of money tied up in infrastructure in a big mall. Compare that with more ramshackle shopping areas like the farmer's market in LA. It's all open air.
Most mall stores are fashionable by which I mean the majority of a product's value is intangible bullshit. We can't afford to pay for fashion these days.
I like the idea of smaller neighborhood markets with more mixed products. I also like the idea of getting more public transport so we can reclaim all the fucking parking lots we've spammed all over the place.
Brainstormy
(2,380 posts)Raine
(30,540 posts)torn down. Then built a market, fast food etc in it's place.
matt819
(10,749 posts)Granted, these empty properties are privately held, and the owners of course hold out hope that they can get a return on their investments. But, let's face it, some of these malls are not "coming back." Really, does anyone envision a new company entering the big box market any time soon?
What about turning these properties into low cost housing. It's easy to identify all the reasons not to do this, many very valid. For example, many of these are located in suburban areas with limited access to public transportation. But surely some sort of creative private/public partnership can actually turn these into something useful. Is it better that they sit vacant?
bhcodem
(231 posts)I think that developers and fossil fuel producers have determined to make us get in our cars and drive from little strip mall to little strip mall instead of just going to one larger mall that has it all in order to make us use more fuel!
blue neen
(12,319 posts)I know it's not just at malls, but it's got to be in the back of shoppers' minds.
Oh well, at least the NRA is happy.