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American Retail’s Fast, Furious Decline
 [NATIONALREVIEW] The old downtown died most places, and, now, the new downtown is dying, too: At the highwater mark, there were about 5,000 malls in the United States, and there are now 1,100, at least 400 of which are expected to close in the next few years. In the 1980s, developers built an average of 60 malls a year -- and more than 100 in some years. Now, cities from San Bernardino, Calif., to High Point, N.C., are dealing with the husks of these dead retail behemoths. There are documentary films and TED talks about dead malls.
Posted by: Fred 2017-06-01 |
