But buggy whips are back in style!Retail and commercial real estate market collapse - the next bubble to pop according to Gerald Celente.
TARGET went out of business? I notice these photos are all taken in Illinois or Michigan. Target is booming in the southeast; there are new stores going up all the time.
But buggy whips are back in style!The Invisible Hand never sleeps...
Notice they’re all in upper midwestern “blue” states (Ohio now included). All have lib dem governors and confiscatory tax policies. So, any wonder why these stores are failing over there?
At least one of those was closed over forty years ago according to the caption.
And malls are dying, have been for the last few years. Quite a few of those pictures don’t directly relate to the current economy.
Wow, Randall Park Mall is gone? I remember that from when I lived in Ohio.
I see that Rolling Acres in Akron is now suitable for the next George Romero movie(Dawn of the Dead director).
Now if that could just happen to the gawd awful Garden State Plaza...damn place is a zoo. It’s one big traffic jam and I just pass the place and it messes up the highway.
If I were a social studies teach I would have the students do essays on why this is happening for the current event portion of the class.
Is Time magazine gloating? That hate America, love Cuba.
Office Depot Saginaw, Michigan June 2008
Deerbrook Mall Deerfield, Illinois July 2008
They missed Steak & Ale and Bennigans...
Actually, I don’t think the quality of the captures were all that good. I am new to serious photography and I could do much better.
However, I love the concept. I live in a county of about 70K people with a large amount of shut down businesses. I am going to go put one of these albums together, sell it to the paper and give it to the museum.
Of course I might be able to get the local business and tourist associations to pay me not to make them public. LOL
Thanks for posting the article.
I don’t remember the last time I went to the mall for any reason at all. I probably do the overwhelming majority of my shopping on line.
Could it be that we had too many stores to begin with? It seems like for years and years, any vacant piece of land sprouted a strip mall or big box store. The increase in the amount of retail space in some areas surely must have outpaced the population growth. We’re seeing the correction playing out now.
Even though some of these stores were national chains, every one of these store pictured are in states that voted for 0bama.
Oh, the humanity! [/sarc]
Drive down the main street and there are more boarded up storefronts than open storefronts.
People got tired of having stores chock full of cheap chinese crap.