Among all of the victims of the 2009 global financial crisis, there is one property still struggling to find luck in our modern times. The once named Xanadu Mall (now called American Dream) had eaten through billions of dollars, sat abandoned for years and even today is not fully open. Did I mention it’s been […]
It’s no secret that ever since the 2000s, several retail chain stores have experienced financial setbacks. These hardships only became worse after the financial crisis of 2008 and the rise of online shopping thanks to Amazon. Today, stores such as Sears, Kmart, Circuit City and Toys R Us have closed most of their locations or gone out of business. […]
Photographed and Edited by Dan Bell
When I was young, I took malls for granted. They seemed as much a part of the nation’s infrastructure as highways and sewer systems. Where else could you have your ears pierced with a glorified staple gun, challenge strangers to Street Fighter matches in dim arcades, consume untold quantities of Orange Julius and brood over […]
Donald Trump’s «strong economy» is a fake economy, one based on disjointed factoids and zero analysis. A month and a half ago I warned in this space that the corporate news media’s obsession with nailing Trump for a conspiracy with Russia was setting themselves and the rest of the country up for his re-election. I presaged […]
UBS Group AG analysts are sticking by a prediction that a fifth of shops in French shopping centers will be empty by 2023. Vacancies in French malls have reached 11.2 percent and are on a pace to meet UBS’s prediction from January 2018 for 20.6 percent by the end of 2023, analysts led by Charles […]
Welcome to another episode of the Expedition Log Series! In episode 36, we go on a grand adventure through all parts of the infamous dead mall… Century III Mall in Pittsburgh, Pennsylvania. We also will discuss the philosophical idea that Charles Beaudelaire introduced in Les Fleurs des Mal of «Le Flaneur». This new social figure […]
Once a thriving mall, Rolling Acres in Akron, Ohio, is now a crumbling reminder of better days. Since 2010, more than two dozen enclosed shopping malls have been shuttered, and 60 more are on the brink, an analyst says. By Nelson D. Schwartz OWINGS MILLS, Md. — Inside the gleaming mall here on the Sunday before Christmas, […]
Nostalgias del capitalismo, retrocapitalismos…
