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 […]
More than 4,300 stores are expected to close in 2019. Gap, JCPenney, and Victoria’s Secret announced more than 300 store closures over the course of 24 hours this week. Payless has said it plans to close all of its 2,500 stores in what could be the largest retail liquidation in history. The staggering rate of store closures that has rocked the […]
¿Vos te creés que todas las historias son exitosas? Pues andá sabiendo que lo habitual no es lo maravilloso, lo más frecuente es que el nieto haga trizas el milagro del abuelo. Casi todos los cuentos son de ida: un muchachito tiene una idea fantástica, la desarrolla en el garaje y poco después la empresa […]
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, […]
