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To: SeekAndFind

The problem at Eastland Mall is crime, not the economy. Malls you can visit without walking into a gang shootout are doing fine around here.


3 posted on 05/23/2009 9:45:56 AM PDT by Tax-chick (The eviscerations will continue until morale improves.)
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To: Tax-chick

I would have never predicted that indoor malls would face a challenge from strip malls but that is what has happened in much of the country.

The Ross and TJ Max stores are doing great while the mall’s Eddie Bauer and Limited are suffering.


5 posted on 05/23/2009 9:51:02 AM PDT by Monterrosa-24 ( ...even more American than a French bikini and a Russian AK-47.)
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To: Tax-chick
On the low-income east side of Charlotte, N.C., the 1.1-million-square-foot Eastland Mall recently lost a slew of key tenants, including a Dillard's and, next month, a Sears. Sales per square foot at the venue fell to $210 in 2008 from $288 in 2001.

When we moved to Charlotte 20 years ago, my wife took me to Eastland Mall, where she had been shopping a lot. I told her to never go there again, that I'd pay for the gas to drive to safe malls. Back then it was fully occupied with nice stores, but my Spider Sense told me crime in the mall was a problem. (She doesn't tend to notice that sort of thing.) I've now extended that warning to include a Wal-Mart she likes to go to.

gitmo

18 posted on 05/23/2009 10:29:59 AM PDT by gitmo (History books will read that Lincoln freed the slaves and Obama enslaved the free.)
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