Death of shopping malls
23May09
You wouldn’t know it by looking at this picture I took in Bordeaux this month, but shopping malls are dead. This WSJ article would rather spread FUD about the recession than look at the hard cold facts of the changing habits of people.
So what’s going on? People are socializing more online for one. Why hang out in the mall when you can collect 100’s of “friends” online? Online retailers also cut down the need to spend time in malls. Finally, and this is just a hunch, but people might rather go downtown now instead of some boring mall. When is the last time you have seen an empty downtown shopping area?
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