NYT Article - The Economics (and Nostalgia) of Dead Malls

[Hudsons81]

Here's a newly-published article courtesy of the New York Times that takes an interesting look at the ever-continuing increase in the number of dead malls in recent years. The Rolling Acres photograph looked striking there. This should be an interesting read.

http://www.nytimes.com/2015/01/04/business/the-economics-and-nostalgia-of-dead-malls.html

[TRU7536]

Here's a newly-published article courtesy of the New York Times that takes an interesting look at the ever-continuing increase in the number of dead malls in recent years. The Rolling Acres photograph looked striking there. This should be an interesting read.

http://www.nytimes.com/2015/01/04/business/the-economics-and-nostalgia-of-dead-malls.html

It's going to be interesting in the next few years what happens to companies like Sears and JcPennys and their future. Also small stores like Abercrombie, Aeropostole, American Eagle are all struggling to stay alive.

As the older generations die out and the newer ones are all about online shopping, retail stores are going to disappear as less people walk into them and rather just purchase online. I recently have been  focusing more on online shopping bc it's convient and you can shop around for better pricing.

It's funny that th article and I have read other places that higher end malls are doing much better and can survive compare to lower end malls.

[AmesNewington]

Here's a newly-published article courtesy of the New York Times that takes an interesting look at the ever-continuing increase in the number of dead malls in recent years. The Rolling Acres photograph looked striking there. This should be an interesting read.

http://www.nytimes.com/2015/01/04/business/the-economics-and-nostalgia-of-dead-malls.html

It's going to be interesting in the next few years what happens to companies like Sears and JcPennys and their future. Also small stores like Abercrombie, Aeropostole, American Eagle are all struggling to stay alive.

As the older generations die out and the newer ones are all about online shopping, retail stores are going to disappear as less people walk into them and rather just purchase online. I recently have been  focusing more on online shopping bc it's convient and you can shop around for better pricing.

It's funny that th article and I have read other places that higher end malls are doing much better and can survive compare to lower end malls.

I don't believe stores will disappear. Of course, grocery stores will never go anywhere, nor will drug stores. Department stores like Walmart/Target will stay because they provide necessities that are very uncommon to regularly purchase online. I believe mall stores and other retailers will not disappear, but rather consolidate and retain locations that are far away from each other, closing non-performing stores close by. There will always be people who still like to walk in to a store and look/feel what they are purchasing.