Fascinating article!
My wife and I buy pretty much everything online anymore. Had to go to the Apple store at the Mall a few weeks ago. But for the Apple store, the Mall was EMPTY.
I’ve heard rumors that some shopping malls will be converted into Section 8 housing. I’ve seen some malls with a number of empty storefronts, which makes you wonder how the mall owners are making money. Most mall owners have a mortgage to pay, which they pay from the rental income from their retail tenants.
I’ve also migrated to buying lots of everyday household items online as well. Our experience can be multiplied by millions across the country. There is not as much need for as much retail shopping space as in years past, due to online shopping.
I’ve been a Costco member since 1988 and moved from Seattle to central KY in 2011. We went from having five or six costcos within 30 minutes to having one within 1 hour and 45 minutes. Enter Costco online and free shipping.
We do most of our shopping at Costco online and amazon. Locally we use Lowe’s for building supplies and Tractor Supply for everything else. And we rarely eat out. Yeah, we just turned 60. We’re in that cheapskate group. We don’t even do cable TV...
My husband and I went to the mall this past Sunday and the place was PACKED. I’m in Texas and the economy must be better than most other states doing the reporting. We couldn’t even find a place to park. At 3 in the afternoon, we had to wait for a table at the Cheesecake Factory in the mall.
