Thursday, December 25, 2008

Close all the malls?

The Washington Post has a provocative article suggesting we'd be better off by closing down all the malls in the country. Not sure why malls are getting hammered on by the media lately. The world of retail has obviously and, why malls are a part of that, they're far from the whole problem. The case could be made for blame shared among the retailers, owner/landlords, and consumers.

Anyway, it's an interesting article though uninformed and unrealistic. I think it's safe to say that some malls will survive (and thrive) in their current form, some will morph into "lifestyle centers", and some will just struggle for years.

We can always count on evolution in the world of retail and market cycles to strengthen the strong and kill the weak.

More later....

0 Comments:

Post a Comment

<< Home