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Is The Mall Dead?

With lighter wallets and heavier burdens, Americans are rethinking their conspicuous consumption. That's bad news for retailers.

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  • Posted By: jackreed33 @ 02/26/2009 4:23:00 PM

    I think the issue with malls is they attrack a "hang out" environment. Which is intended for people to spend money. However thats not always the end result. I find at some malls it has the element of gangs and drugs and no one feels at home or safe. If these people where to get <a href="http://www.family-drug-intervention.net">alcohol addiction intervention</a> maybe this wouldnt be such an issue. granted there are alot of people out there without these problems. Others need a reality check to make these public environments safe for everyone including our kids. I know I dont feel personaly safe in most public environments due to the unperdictable and normaly dangerous behavior that these abuser eminate. I have lived in N.J. and I know how these malls attract such a crowd.

  • Posted By: mickiemaureen @ 12/24/2008 11:53:12 PM

    I think the problem is not that people don't want to shop at the mall, it is that so many people are sick of the mall element. Within the last month, my local mall has had one shooting, on November 25th, & then a security guard was stabbed, almost a week later. When you go to the mall on a Saturday, it is filled with teenagers that aren't buying anything. They need to charge an admission fee, to enter the mall....something that would be refunded with a purchase, at one of the stores. Right now, it is a zoo & sometimes a very dangerous zoo. The same people that are milling around, not spending any money, are the very same people who are most likely to be loud, obnoxious, violent, or shop lift; the teenagers.

  • Posted By: rewind @ 11/23/2008 5:19:07 PM

    Good riddance; the mall has killed most American cities and made consumer robots out of many American families. From Boston to L.A. these mall's are offering the same "boring" message, taking away any personal initiative and fattening many in their cheap food courts!

  • Posted By: martialguy @ 11/23/2008 4:12:14 PM

    The economy team needs to look at crisis areas and addresses them head-on one-by-one.

    To deal with mortgage default crisis, the government can create a system or agency that allows government to do the following without red tape:
    1) Pay off mortgage in for-closures to banks by BONDS
    2) Create a BUFFER PERIOD during which these bought-out for-closed property can either: A) be REFINANCED with fixed low interest and payment level that the current owner can manage in the long run or B) be REUSED OR RESOLD while the current owner be discharged of the current mortgage without affecting personal credit history
    3) Provide DEFAULT INSURANCE for the restructured mortgages by government's own mortgage default insurance company or agency

    For near-bankrupt companies with plummeted stocks; the GOVERNMENT CAN TAKE OVER ONE-THIRD OF SHARES, allows financing for employees to own one-third; and leave one-third for the public

    Building roads and promoting green energy are for long term. The more urgent need is to make industries competitive. For instance, it is not efficient for many countries to produce whole vehicles. All automakers are seeing sales plummet due to current global crisis. It is more efficient and competitive for a country to produce an automobile part that is cheapest for the required qualities; such as auto body in the USA, engine in Japan or Germany, upholstery in China. SPECIALIZATION needs to go hand-in-hand with global free-trade because it allows all to grow without impeding competitors??? growth.

  • Posted By: gustafus21 @ 11/22/2008 1:07:30 PM

    the name SIEGEL tells you the outcome.... they take care of their own at the expense of the rest of us... I'm sure one of his brethren with a name like WILSON - will save his monstrosity..... remember THEY CHANGE THEIR NAMES SO YOU DON'T KNOW THEY ARE A TEAM.... crypsis

  • Posted By: DaleJanowski @ 11/21/2008 12:00:39 AM

    The election is not over. We have taken a vow not to spend one cent on anything we don't have to buy such as food or gas until the Obama/Biden administration is sworn in. Bush???s so called rebates of our own future tax refunds and his pleas to go shopping show the importance of consumer spending to the legacy of Republican economics. Bush hijacked the country for the benefit of the wealthy for eight years. Let the wealthy keep the Bush consumer economy going for the next two months until the Republicans are flushed in disgrace. Learn about and patronize your smaller locally owned businesses and pay cash so it's under the radar of statistics. We're hoarding all our discretionary spending until the Obama Administration when the recovery can begin.

  • Posted By: DaleJanowski @ 11/20/2008 11:55:57 PM

    The election is not over yet. We have taken a vow not to spend one cent on anything we don't have to buy such as food or gas until the Obama/Biden administration is sworn in. Bush???s so called rebates of our own future tax refunds and his pleas to go shopping show the importance of consumer spending to the legacy of Republican economics. Bush hijacked the country for the benefit of the wealthy for eight years. Let the wealthy keep the Bush consumer economy going for the next two months until the Republicans are flushed in disgrace. Learn about and patronize your smaller locally owned businesses and pay cash so it's under the radar of statistics. We're hoarding all our discretionary spending until the Obama Administration when the recovery can begin.

  • Posted By: davidwayneosedach @ 11/20/2008 9:32:45 PM

    American malls are not dead. Or dying. They are simply taking a much needed rest...

  • Posted By: Hypnotizer @ 11/20/2008 8:30:42 PM

    Malls have become so boring and homogenized. Almost all of them are all the same no matter where you go, and they feel so soulless and dead now. I'd rather just go to Kohl's when I need clothes, now. Their prices and sales are fantastic and I don't have to deal with traipsing around amongst gaggles of teenyboppers, paying way too much, and seeing the same boring stores and crappy fast food stands everywhere. I want uniqueness, variety and bargains. And more global consciousness and some delicious, healthy food choices would be nice, too. Give me that, and I'm there.

  • Posted By: Hypnotizer @ 11/20/2008 8:23:13 PM

    I used to like to go to malls when we had a lot of different stores here in So. Cal. like Bullock's, Buffum's, Robinson's-May and The Broadway. They all had different merchandise in different price ranges and May Company always had fabulous sales. Now, all we have is Macy's and Nordstrom. Nordstrom is nice but generally too expensive and I can't stand Macy's anymore, ever since they gobbled up Robinson's-May and Marshall Field's in my hometown of Chicago, completely disregarding residents' desire to keep the historical landmark's name, at least, intact. And they're too expensive, too.

  • Posted By: Simply_J @ 11/20/2008 4:43:53 PM

    There's no mention about the advent of online Internet shopping or big box stores like Best Buy. Unlike the author, I don't beieve that malls are dying due to a wave of modern frugailty. Consumers just moved their shopping elsewhere to cyberspace and big-box strip malls.

  • Posted By: jupitor @ 11/20/2008 3:28:09 PM

    LWhat makes me mad, is the car industry wants bailed out, but can afford three jets worth 36 million a piece, at the cost of 20,ooo for the leaders to be flowen to congress in D.C. If they can't cut out these millions of wasteful money, what makes them think that they can use 25 billion senseably?

  • Posted By: jupitor @ 11/20/2008 3:25:20 PM

    Wall Mart killed the malls in the smaller cities already. I think we may see a come back of the malls in the smaller cities , as the economy down sizes with the recession on the way. I think they are wrong. Less money means shop at smaller , less expensive locations. even smaller grocery store. Our small town stores are doing pretty good. People staying home to shop at home now. This message I think is resinating with this economy to keep our small towns and smaller cities alive and well.

  • Posted By: rickuws @ 11/15/2008 4:07:53 PM

    Malls are sterile and boring, all the same, and expensive to boot.

  • Posted By: nickgr @ 11/15/2008 9:46:33 AM

    Nice anarchist arguments...

    Capitalism is enpowering the poor with many high quality affordably priced goods...

    Small stores always have higher prices,...

  • Posted By: vince_90745@yahoo.com @ 11/13/2008 12:06:01 AM

    The mall is not going to die! We have 2 malls in southern California that I go to and they are buzzing and busy. I am still amaze at all the shoppers & teenagers spending $$$ like there is not a care in the world. I went to the mall to spend my gift card before the company goes belly up or they start charging for nonuse! The gift card is one of the best invention in a long time. Those credit card companies make millions from the
    people not using them.

    • Posted By: TheVigil @ 11/15/2008 8:49:46 AM

      Yeah, I agree. I like some of the smaller malls.

      It's a lot like the market as a whole right now. I think that a lot of smaller businesses have been doing well, because they've generally engaged in somewhat less of the orgy of consumption going on for the last few decades. The big ones got selfish, contemptuous of anyone who didn't believe in "capitalism" (generally defined as extreme production and consumption and high profits), ran their engines at redline by completely overextending them via high leverage or overbuilding or poor product choice or what-have-you, then watched as they seized up and got absolutely terrified and starting claiming they were "too big to fail", because many of those executives have a pathological need to live in this only-the-best kind of way and existentially can't exist if they don't spend tremendous sums of money to live in the best circumstances in the world.

      I don't completely oppose all the bailouts - but where is the taxpayer equity share that those who *are* paying ought to be receiving? I think that the American public ought to be compensated by any and all taxes they pay towards the various bailouts with an amount of corresponding stock. And I think that there should be a one-million-dollar-per-year cap on CEO compensation at ANY bailed-out company. (I'd say much less, but then you wouldn't be able to get anyone decent to do the job.)

      The holier-than-thou (and "more worthwhile because I have more money") attitude of those kind of guys and girls infuriates me, because in reality, they're often the ones trashing the economy...

  • Posted By: nickgr @ 11/14/2008 5:28:57 PM

    The malls are the cathedrals of capitalism.

    The only reasonable complain against them is if some of their stores sell overpriced products.

    Any anti-mall "movement " by descendants of hippies & minimalistic freaks is antiamerican ...

    • Posted By: TheVigil @ 11/15/2008 8:27:45 AM

      No doubt you will convert ALL the unbelievers to your own philosophy with your combination of tautological arguments and unprovoked insults.

      Wait, no.

  • Posted By: nimodahooligan @ 11/14/2008 12:57:26 PM

    you can thank minnesota for indoor shopping malls, we had the first one...our apologies...and we just happen to have the largest mall in the western hemisphere, the good ole mall of america (they are actually ADDING on to the structure as well)...also sad. it literally can take hours to just walk around the place without even stopping to eat or buy anything. overcrowded, overpriced, over sensitized, over advertised... i cant even walk in the same hall with an abercrombie & fitch store because i choke on the odor that they so lovingly douse the display clothes in, as well as the image(how can you advertise clothes with naked people? strange irony), that place represents. i miss local malls with family owned stores, new and upcoming businesses, and friendly faces... and the downtown store fronts!!! awsome, but becoming hard to find with our economy in shambles. i see more and more chain businesses closing, as well as many local businesses closing. some stores here in MN have become literal landmarks, and now they sit empty with big "out of business" and "for lease or rent" signs over them.

    but i say let the malls close, and let the american small business make some comebacks...more jobs, more american product.

    • Posted By: TheVigil @ 11/14/2008 1:09:38 PM

      "but i say let the malls close, and let the american small business make some comebacks...more jobs, more american product."

      I totally agree. Small businesses are the way to restore real competition and work out way out of this.

  • Posted By: olderwiser @ 11/12/2008 8:46:56 PM

    Money seems to be disappearing. So many had it last year and not so many have it this year. Maybe this trend will solve the problem of excessive consumption, the buying kind of consumption. I have observed people buying so many goods in the very large stores and it has caused me to wonder if after a couple of centuries of this there would be enough room for the people as the products continue to fill up the spaces on earth. This is the kind of thing that old men wonder about in their leisure time. At least we will die off in a reasonably short time and make room for some more people. Good luck, people. We hope that you enjoy this place as much as we did.

    • Posted By: markbaland @ 11/13/2008 12:11:43 AM

      Money hasn't been disappearing. It's just being relocated from the middle and lower classes via lower wages, less benefits, and higher prices, to give the upper classes an even greater advantage. Conservative Republicans believe in socialism for the rich and capitalism for the poor. They argue with the concept of "sharing the wealth" only when it means they share their wealth but not when it means that we share our wealth with them. Hopefully with a Liberal Democrat in office, we will turn this back the other way for a while!

      • Posted By: TheVigil @ 11/14/2008 8:14:40 AM

        "Conservative Republicans believe in socialism for the rich and capitalism for the poor."

        Yep, that's why people who oppose middle-class relief on a "socialist" basis but support the major bailouts going on need a good swift kick in the face, then a beating with a newspaper like a naughty puppy.

  • Posted By: TheVigil @ 11/14/2008 8:12:52 AM

    I will miss the death of the normal, ordinary, pleasant American shopping mall. I liked going to our relatively local mall, had some decent experiences working there at a few points, took some nice art classes and just generally really had a good time. But that was at a relatively small, clean mall with good stores and a fair amount of identity in the community.

    I will in no way, shape, or form bemoan the death of the five-block three-story artificial megamall, where culture has been replaced by consumption and conformity and buying-spree unhealthy-food stupor.

    Westfield bought a lot of the malls in L.A. (an Australian mega-mall management company - why on Earth do they own all our shopping malls?) recently. A lot of them have lost a fair amount of character, in my opinion. I don't particularly enjoy going to most of them anymore.

    The truth is just that malls have massively overbuilt. If malls were a small city block long and had maybe twice the stores of a comparable commercial block, they'd be doing fine. But these massive, climate-controlled, energy-sucking, shiny-scrubbed, high-traffic-required malls where mass-produced artificial culture rules the day and manufactured pop acts give huge concerts are a detriment to our national cultural identity and creativity and culture.

    There are some good malls left, many not owned by a massive management company on another continent. Sadly, Westfield bought my old mall (it still retains a fair amount of its charm, luckily). I really think we should shop at the nice ones and just let the others die a massive shuddering death. The worse malls are arguably an urban blight in many ways.

    And in no way does the American megamall deserve a bailout. If they start asking for one...well...I don't know what to do about that. It will do no benefit to our economy.

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