General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAre shopping malls dying out?
There was just an article in the Sheboygan Press about 4 stores at the Memorial Mall, closing soon.
Including a Hallmark and Sears.
Are shopping malls simply dying out?
tosh
(4,423 posts)I read it somewhere earlier this week. (If I can remember where I'll post a link. )
Here it is: http://www.nytimes.com/2015/01/04/business/the-economics-and-nostalgia-of-dead-malls.html
joeglow3
(6,228 posts)lpbk2713
(42,759 posts)It's about five miles away from my home but I haven't been there in over ten years.
JI7
(89,251 posts)Shopping centers.
It's still kind of like malls but remodeling and new places ate built so you are outdoors as you walk along to different stores.
msongs
(67,413 posts)KittyWampus
(55,894 posts)Ms. Toad
(34,074 posts)avebury
(10,952 posts)there were 4 mall in OKC. Now there are 2 and we now also have an outlet mall (that I have never been to).
ND-Dem
(4,571 posts)popular.
Archae
(46,335 posts)Blue_Tires
(55,445 posts)Until my mid-20s, malls were for three things:
1. Arcades
2. Movies
3. Chasing girls
(not in that order)
ND-Dem
(4,571 posts)how it feels to that age group.
BeeBee
(1,074 posts)tularetom
(23,664 posts)The rents are too high for all but the most profitable retailers.
Stand alone big box stores (Costco, Walmart, Target) have captured an increasing market shares from the mall based stores.
Finally, more and more people are purchasing items from Amazon and other online retailers.
Yep, malls are going the way of the horse and buggy, and the American two party system.
Fearless
(18,421 posts)That's why.
trof
(54,256 posts)We have a Tanger Factory Outlet mall here.
It is huge and seems to be growing.
Charter buses bring shoppers in from the southeast.
BTW, the prices aren't that good.
Raine1967
(11,589 posts)I stopped going years ago. They stopped appealing to my senses of wanting to have a grounded feel to where I was shopping.
They also seem devoid of personality.
Malls were meant IMO to be a place where people just shopped to spend money just because. I go to stores to purchase specific items.
I was younger then, and I don't shop like that anymore. I also don't go to 'all you can eat' Chinese buffets.
If I need something, a mall is a hassle.
RebelOne
(30,947 posts)kcr
(15,317 posts)It's not a particularly large or fancy mall, but always busy and has a large variety of stores. But that's not typical.
backscatter712
(26,355 posts)Malls that had catered to working class/lower middle class are the ones that are hollowing out and going bust. Those people had moved to shopping online.
melman
(7,681 posts)MohRokTah
(15,429 posts)Sen. Walter Sobchak
(8,692 posts)There is actually believe it or not a severe shortage of quality retail space in most major North American markets.
The problem is many of the institutional mall owners invested in their relationships with major anchors rather than the properties themselves and were slow to develop new properties in emerging suburban areas or gentrifying urban ones. So many of the existing properties are rundown and in lousy locations. These are the dying malls.
Manifestor_of_Light
(21,046 posts)The high end retailers like Neiman-Marcus and Nordstrom and Saks, and the designer boutiques, are still located in a mall in an affluent part of town. At least if you have the money and are trying to avoid the Walmart look.