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this post was submitted on 01 Jul 2024
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Asklemmy
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What killed the mall:
It was an experiment on the 3rd place (read up on it) and it failed at that.
Big box retailers wanted big, huge, gigantic stores. So they left malls to open them.
Being surrounded by parking structures doesn't look appealing.
High rent for mall space.
Amazon.
*Other entertainment options are much better now with streaming tv, video games, etc.
Big box retailers want to own the property they’re on. Most of the time they own the property any other shops are in even in their lot. Big box has a huge realty presence. They out malled the malls in this regard.