"We Are Extremely Over-Retailed" Picturing The Death Of America's Malls

Zero Hedge ^ | 01/05/2015 | Tyler Durden

[AppyPappy]

We lost Sears and I bet JC Penney isn’t far behind. Online shopping is too convenient.

Four Seasons Mall in Greensboro NC is a good example. Full of nice stores and you can still get a cap busted in yo azz in the parking lot.

[MrB]

Yep, but they’ll be called all sorts of vile names for trying to protect their businesses and customers from the results of public transit.

[mowowie]

Installing a bus stop ruined my childhood mall.

[oh8eleven]

the biggest reason is “teen crime”
Bingo - we have a winner! Violent "utes" closed the Midtown Mall in Rochester NY years ago.
Then the thugs followed their victims out to a suburban mall a few miles away and it too was forced to close.
Said thugs are now working on destroying their third mall in another suburb.

[trebb]

“Everybody has memories from childhood of going to the mall,” said Jack Thomas, 26, one of three partners who run the site in their spare time. “Nobody ever thinks a mall is going to up and die.”

I remember plazas where multiple storefronts were reached via sidewalk vs. the enclosed mall. Seems to be a return to such complexes as malls wither away.

[struggle]

Metrocenter Mall in Jackson, Mississippi has always been open, which continues to amaze me.

[tgusa]

So ....you have obviously been to MacArthur Mall in downtown Norfolk.......

[MrB]

“Keepin’ it real, yo!”

[Responsibility2nd]

Interesting Stuff....

DeadMalls.com

deadmalls.com/

‎

 

Cached Similar

The stories and history behind the great era of store chains that defined retail.
The history of many now dead malls. Pictures, articles, etc.

 

[GreyFriar]

empty malls are the most visible signs of Obama’s war on the American economy. When you don’t have a job and have given up looking for a job, you don’t have money to go shopping at the mall. No shopping, no spending, no sales, stores go out of business.

[<1/1,000,000th%]

No one has money for shopping during a depression.

[angcat]

Looks like the Laurel Mall in Hazleton PA. The Steamtown Mall in Scranton is also dead.

[Political Junkie Too]

Read it and weep.

A compendium of dead malls at www.deadmalls.com.

-PJ

[SeekAndFind]

How long has these been going on though?

Are these dead malls only occurring the past six years, or have they started on this trend longer than that?

[headstamp 2]

A prime indicator of the destruction of the middle class.

[Responsibility2nd]

but the biggest reason is “teen crime”.

Correct. The problems with most malls are the bus stops right outside the entrance.

Buses bring in teens from the hoods - and "That's All, Folks".

[dfwgator]

That’s what happens when malls are made accessible via public transit.

[mowowie]

My long time ex-gf’s boss was a major mall developer, he sold 90% of his malls to Simon around 10 yrs ago, He must have seen the writing on the wall.
Did get to attend some great mall opening parties at the time though.....and a lot of great Red Sox and Bruins lux box tix also.
Ah, the good old days....

[EDINVA]

How many retailers have gone out of business in the past 10-15 years? That photo shows good old Loehmann’s, the original high-end discount store. Fortunoff was originally a jeweler selling high end jewelry at steep discounts.

Macy’s absorbed multiple dept store chains x the USA somewhere in the late 90s. In the DC area, not one of the Metro area department stores of the mid-20th century is still in business. The economic boom stores have mostly closed, i.e., Borders, Circuit City, even Radio Shack.

Looks like we’re heading back to having “Main Street” with its Mom and Pop shops, with WalMart/Target, etc., and the high end malls.

[Disambiguator]

I don’t know who in management decided that people want to hear the thump thump thump of rock and rap as they shop.

And then they wonder why the "ghetto" crowd is hanging around. Start playing country/western or classical music, and see what happens!