Closures
Shopping Malls Close: What Will Open in their Place?
May/22/2009 08:32 AM Filed in: Shopping | Humor | Satire | Economy | Recession | Life of a Rock Star | Nicole Hanratty
As shopping malls across the country feel the economic crunch in sales, and shops close down like dominoes falling one after another, malls are becoming hollow empty shells of a past culture that is coming to an end. [See WSJ Recession Turns Malls Into Ghost Towns, Friday, May 22, 2009] Dinosaurs of their times, these oversized massive structures no longer fit the needs or desires of today’s youth or consumers that once drove their success.
Like it or not, the era of excess is over as even the wealthiest cut back and second guess expenditures, and we are all about to face a reality check like never before.
Reality Check No. 1:
We may have to actually drive more than a few miles to get to a shopping mall or store. Public transport may become desirable. Community may resurface. Neighbors may once again need to share home grown produce and cups of sugar...maybe even learn each other’s names.
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Like it or not, the era of excess is over as even the wealthiest cut back and second guess expenditures, and we are all about to face a reality check like never before.
Reality Check No. 1:
We may have to actually drive more than a few miles to get to a shopping mall or store. Public transport may become desirable. Community may resurface. Neighbors may once again need to share home grown produce and cups of sugar...maybe even learn each other’s names.
Read More...
