Posted on 01/06/2015 7:33:54 AM PST by SeekAndFind
More communist claptrap from Zero Hedge.
Come visit beautiful Randall Mall!
If a mall is dead ... the money has left ... plain and simple
Has NOTHING to do with "being retailed"
Online shopping is part of the reason,
but the biggest reason is “teen crime”.
Shoplifting, real customers fearing for their safety, real customers having to put up with obnoxious crap...
The mall violence in recent days reminds us of an unspoken issue. And that issue is that critical numbers of gang types and a thuggish element are scaring away legitimate shoppers from some of these malls.
As legitimate shoppers leave, sales go down. As sales go down, retailers pull out of these malls. And no new retailers want to go into a mall with a ghetto reputation. So the malls slowly die off .
..
I haven’t been to a Mall in over 20 years at least. I don’t go there because the ones that are still alive are beset with types that don’t belong there.
I can think of a million things better to do than to walk around a mall.
Then again, I’m not a teen girl or in my 80s.
One big mall near me has an annoying loud thumping music soundtrack of rock and roll and even some rap music playing. That music is so annoying that I get in and get out as soon as I can. I don’t know who in management decided that people want to hear the thump thump thump of rock and rap as they shop. Clearly they don’t give a blank about affluent customers such as me.
A lot of ‘urban planners’ cited in the article.
‘Planners’ usually hat malls and big box stores (I smile when I catch one of our city’s planners in Wal Mart and say ‘hello’...they usually look like a dog that just ate a plate of cookies).
Most failed malls are the result of another mall being built nearby - usually in a ‘better’ area of town. So the failed mall is a symptom of a deteriorating neighborhood - certainly not an indicator that people have tired of malls.
Yes there are some empty stores...in particular the ‘anchor stores’ like Sears and Macy’s are closing at a lot of malls. But the malls aren’t going to suddenly disappear anytime soon.
Malls have been killed by amazon prime. Why waste time when
the item can be delivered to your door in 2 days?
Malls have turned into stores to try stuff on.
The really bad news is that software that will take a selfie and translate that into custom fit clothes is right around the corner. Once this happens, malls will be in big trouble.
Speaking of big trouble, how many of the defunct malls are carried at top value on the books of the too big to fail corporations?
We use the internet to order our Chinese made crap. The only stimulus is to UPS and FedEx. Retail dead, manufacturing killed. Ain’t it great?
It’s funny that they cater to the crowd that’s more likely to shoplift than actually buy anything.
Typically, the death spiral begins when the riff-raff comes in from the bus stops and starts to cause problems involving the money spending patrons. The people with money to spend, leave to spend it where there is security and a lower population of the troublemaking “ethnics”.
Want to keep your mall going...skip the front door bus stops, and keep the security tight. Enforce the loitering ordinances, supervise the parking areas tightly and take out the trash.
Your message reminds me that some black entertainer told a joke about malls. He said that every city has a mall where white people go, and a mall where white people used to go. I’m sure he gets lots of laughs with that. But sounds like some truth to that.
One local mall went downhill as soon as there was bus service between the mall and an "underclass" area.
The absolute WORST thing mall management can do is allow their parking lot to serve as a public transit hub. Or have public transit stopping anywhere near.
Indeed, the Mall of America near the Minneapolis-St. Paul International Airport has done extremely well because they very well knew the mall must have retailers and attractions to make it a destination everybody wants to go to.
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