Posted on 10/16/2023 6:58:40 PM PDT by DallasBiff
Once-bustling American malls are going bust as shoppers flock to online retailers instead of sprawling, brick-and-mortar locations.
Ten years from now, there will be approximately 150 malls left in the US, Nick Egelanian, president of retail consulting firm SiteWorks, told The Wall Street Journal.
That's down from around 2,500 locations in the 1980s and 700 today, Egelanian said.
(Excerpt) Read more at businessinsider.com ...
If they just lost Nordstrom they are not doing okay.
Without Amazon and th÷ boom in home delivery, and everyone online, would malls really be dying?
Maybe what people are complaining about are results, not causes.
There are at least four or five bigs ones just in the Phoenix area. The Scottsdale one is doing okay (they were infamously hit during the BLM riots).
There are other upscale ones west of Phoenix and in Mesa/Chandler area. One one near me in Tempe is just getting by.
There’s one that does well in northern Tempe.
I think Phoenix is helped by being a spead out urban area that is relatively car friendly.
I should mention that the BIG one that was featured in Wayne’s World shut down a couple of years ago.
The one in Christown is doomed, as they lost Costco, and Christown got messed up by light rail.
I’m 80...I do almost all my shopping on line...and with delivery...a real blessing for us older folks.
NorthPark.
My girls used to hangout at Scottsdale Fashion Square 20 yrs ago. I live in Maricopa now and haven’t been to Scottsdale in a few yrs so I was wondering how the mall was doing. Lots of memories of happier days.
Both versions replaced the enclosed mall which is now obsolete.
Every mall I’ve been to in the last 15 years is covered in third world illegals.
my daughter is very nostalgic for the 80s. She feels cheated by being born this era. I see many teens this day express that feeling.
Jane, Houston is a no go, period. The farthest south I go is Hwy 290, Winery Row to Fredericksburg. I’ll venture to San Antonio when their construction is complete.
At one time there were seven decent malls in a twenty mile radius of Toledo, Ohio, now there is only one. When the local favorite and anchor, Lion Store, closed,three of the malls folded soon after. It did not help that gangs started showing up to cause mayhem.
I remember when Fair Oaks Mall in Fairfax, Virginia, opened in 1980. They hired the Ellington Orchestra to play a concert (led by Duke’s son Mercer Ellington).
I arrived by chance just in time to hear a great free concert!
In the case of Yorkdale when Sears went belly up it was replaced by a large Restoration Hardware store. Nordstrom only had a handful of stores in Canada and for whatever market reasons they closed them all. Not sure what will replace Nordstrom since its too soon since they closed. Time will tell as always. A while ago there was only a Tesla store but two more EV sellers have joined the mall now. A Microsoft store set up to compete with Apple has also bitten the dust in recent times. If the malls are hurting I don’t see it even with Nordstrom gone.
The Blues Brothers didn’t help the malls in the 80s, either. (“I see the Pontiacs are out early!”)
That makes me sad. I remember visiting the Alameda mall decades ago because I was poor middle class but enjoyed going to the Galleria to ice skate and look at all the fancy shops.
There are two kinds of malls:
The malls the white people go to.
The malls the white people used to go to.
-Chris Rock
There was an Apple Store at our local mall. One night it was robbed. Within 3 days it closed, never to open again..
That mall has just celebrated its 50 years open.
Changed a lot over the years.
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