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"We Are Extremely Over-Retailed" Picturing The Death Of America's Malls
Zero Hedge ^
| 01/05/2015
| Tyler Durden
Posted on 01/06/2015 7:33:54 AM PST by SeekAndFind
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To: lacrew
We lost Sears and I bet JC Penney isn’t far behind. Online shopping is too convenient.
Four Seasons Mall in Greensboro NC is a good example. Full of nice stores and you can still get a cap busted in yo azz in the parking lot.
21
posted on
01/06/2015 7:50:24 AM PST
by
AppyPappy
(If you are not part of the solution, there is good money to be made prolonging the problem.)
To: PapaBear3625
Yep, but they’ll be called all sorts of vile names for trying to protect their businesses and customers from the results of public transit.
22
posted on
01/06/2015 7:51:56 AM PST
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: SeekAndFind
Installing a bus stop ruined my childhood mall.
23
posted on
01/06/2015 7:52:41 AM PST
by
mowowie
(`)
To: MrB
the biggest reason is teen crime
Bingo - we have a winner! Violent "utes" closed the Midtown Mall in Rochester NY years ago.
Then the thugs followed their victims out to a suburban mall a few miles away and it too was forced to close.
Said thugs are now working on destroying their third mall in another suburb.
24
posted on
01/06/2015 7:52:53 AM PST
by
oh8eleven
(RVN '67-'68)
To: SeekAndFind
Everybody has memories from childhood of going to the mall, said Jack Thomas, 26, one of three partners who run the site in their spare time. Nobody ever thinks a mall is going to up and die.I remember plazas where multiple storefronts were reached via sidewalk vs. the enclosed mall. Seems to be a return to such complexes as malls wither away.
25
posted on
01/06/2015 7:53:13 AM PST
by
trebb
(Where in the the hell has my country gone?)
To: AppyPappy
Metrocenter Mall in Jackson, Mississippi has always been open, which continues to amaze me.
26
posted on
01/06/2015 7:53:49 AM PST
by
struggle
To: Dilbert San Diego
So ....you have obviously been to MacArthur Mall in downtown Norfolk.......
27
posted on
01/06/2015 7:55:04 AM PST
by
tgusa
(gun control: deep breath, sight alignment, squeeze the trigger .......)
To: oh8eleven
28
posted on
01/06/2015 7:55:50 AM PST
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: SeekAndFind
Interesting Stuff....
DeadMalls.com
The stories and history behind the great era of store chains that defined retail.
The history of many now dead malls. Pictures, articles, etc.
29
posted on
01/06/2015 7:56:11 AM PST
by
Responsibility2nd
(NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
To: SeekAndFind
empty malls are the most visible signs of Obama’s war on the American economy. When you don’t have a job and have given up looking for a job, you don’t have money to go shopping at the mall. No shopping, no spending, no sales, stores go out of business.
30
posted on
01/06/2015 7:56:21 AM PST
by
GreyFriar
(Spearhead - 3rd Armored Division 75-78 & 83-87)
To: SeekAndFind
No one has money for shopping during a depression.
To: SeekAndFind
Looks like the Laurel Mall in Hazleton PA. The Steamtown Mall in Scranton is also dead.
32
posted on
01/06/2015 7:56:58 AM PST
by
angcat
To: SeekAndFind
33
posted on
01/06/2015 7:57:26 AM PST
by
Political Junkie Too
(If you are the Posterity of We the People, then you are a Natural Born Citizen.)
To: GreyFriar
How long has these been going on though?
Are these dead malls only occurring the past six years, or have they started on this trend longer than that?
34
posted on
01/06/2015 7:58:10 AM PST
by
SeekAndFind
(If at first you don't succeed, put it out for beta test.)
To: SeekAndFind
A prime indicator of the destruction of the middle class.
To: MrB
but the biggest reason is teen crime. Correct. The problems with most malls are the bus stops right outside the entrance.
Buses bring in teens from the hoods - and "That's All, Folks".
36
posted on
01/06/2015 7:58:49 AM PST
by
Responsibility2nd
(NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
To: SeekAndFind
That’s what happens when malls are made accessible via public transit.
37
posted on
01/06/2015 7:59:35 AM PST
by
dfwgator
To: SeekAndFind
My long time ex-gf’s boss was a major mall developer, he sold 90% of his malls to Simon around 10 yrs ago, He must have seen the writing on the wall.
Did get to attend some great mall opening parties at the time though.....and a lot of great Red Sox and Bruins lux box tix also.
Ah, the good old days....
38
posted on
01/06/2015 8:00:09 AM PST
by
mowowie
(`)
To: SeekAndFind
How many retailers have gone out of business in the past 10-15 years? That photo shows good old Loehmann’s, the original high-end discount store. Fortunoff was originally a jeweler selling high end jewelry at steep discounts.
Macy’s absorbed multiple dept store chains x the USA somewhere in the late 90s. In the DC area, not one of the Metro area department stores of the mid-20th century is still in business. The economic boom stores have mostly closed, i.e., Borders, Circuit City, even Radio Shack.
Looks like we’re heading back to having “Main Street” with its Mom and Pop shops, with WalMart/Target, etc., and the high end malls.
39
posted on
01/06/2015 8:00:25 AM PST
by
EDINVA
To: Dilbert San Diego
I dont know who in management decided that people want to hear the thump thump thump of rock and rap as they shop.And then they wonder why the "ghetto" crowd is hanging around. Start playing country/western or classical music, and see what happens!
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