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 ...
Also, crime studies were done at the time that showed most shoppers left shortly before four hours because mall’s had scary bathrooms at the end of long hallways - places where many shoppers were robbed, disgusted with filth and/or gangs and/or bullied.
Turned out if mall bathrooms hired attendants and kept the places clean shoppers spent more and the malls thrived. Short sighted owners did the mall in.
They had stores. They closed them because of the reputation of the Eastern District of Texas for speedy resolution of patent disputes. When the Supreme Court tightened the jurisdictional rules for patent cases, Apple wanted to make sure they could take full advantage of the opportunity.
One of the malls in Dallas turned into a data center. Another was planned, but when that fell through it was bulldozed and turned into big box stores. Another in a suburb is being torn down and developed into high density residential (future slums). It looks like they are keeping one of the wings for retail. One of the anchor stores planned to stay, but bankruptcy took care of that.
One of the malls in Dallas turned into a data center. Another was planned, but when that fell through it was bulldozed and turned into big box stores. Another in a suburb is being torn down and developed into high density residential (future slums). It looks like they are keeping one of the wings for retail. One of the anchor stores planned to stay, but bankruptcy took care of that.
Certainly all of the above. The fee is heaven. Sams club Mexico saved me bigly. First ran into a Mexican walmart bathroom, wrong answer. Next door Sams, was clean and safe.
“the way to save the mall is to have memberships like Costco. most people don’t shop at them anymore because the experience is not a good one. to many gang members with no money walk around in the malls. a membership would keep out a lot of the troublemakers.”
An entry fee refundable with a purchase receipt, like some malls do with parking.
Not exactly. The tax structures were changed during malls booming years the tax structures were such that you literally could not lose money building a mall…
As such far more were built than could ever financially be sustained once those laws were changed
.
You’re mixing two different issues.
Yes, both affected malls, but they are 2 different issues and both have an impact.
The problems some malls experienced was geographic oversaturation. Generally the older malls were the ones hit harder and were most negatively impacted by newer, larger, more modern malls.
But my point also is a major factor in the decline of malls.
Agreed. I drive past a large mall several times a week and it never occurs to me to stop and go in.
agree. the idea of a fee is just to keep out those not shopping.
For whatever reason your link doesn’t seem to be working. This should: https://deadmalls.com/index.html
Deadmalls website hasn’t been updated since 2022. Their Facebook page has a recent posting from Nov 2023:
https://www.facebook.com/deadmalls/?ref=embed_page
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