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>However, I do feel bad for the people that will lose their jobs over it. I'm not aware of anyone there--except maybe... jewelers?--that enjoy long-term career
by katastic 9y ago
>However, I do feel bad for the people that will lose their jobs over it.
I'm not aware of anyone there--except maybe... jewelers?--that enjoy long-term careers at a mall. It's like an entire parking lot full of McDonalds. They'll find new jobs. Everyone at Circuit City managed to move.
And I'm in no way bashing retail or food worker. I used to tell people I did a "five year tour of duty at Sam's Clubs and I've got the [five year] medal to prove it." My point is that those jobs are both 1) crap working conditions and pay. and 2) easily transferable to comparable jobs at other employers.
Circuit City disappeared and the world moved on. K-Mart is still around but everyone who values their careers has already jumped ship. Block Buster is gone and the world keeps ticking. Mall store employees will continue on.
The real question is why no malls either care to, or are unable to, attract stores that appeal to customers. We are definitely becoming more hermit-like as a society, but there's got to be "something" most non-hermits enjoy. The whole purpose of the Mall is a bunch of stores that add value to each other by being near each other. "I bring Dad for a lawn mower, and the kids hit the arcade." (Man, I miss finding quarters and taking them to the arcades.) So my point here is, single stores still exist, so clearly it's not "stores in general" going out, but more "the stores malls want" people care less about.
- pixl97 9y ago>The real question is why no malls either care to, or are unable to, attract stores that appeal to customers. No, the 'real reason' has nothing to do with shopping. The article touched on the actual problem. It is way too easy to get into billions of dollars in debt. If you own mall real estate, who do you want at your mall. Small businesses that attract customers, but have to pay you with money they earn. Or Large chains that earn earn billions by playing leveraged debt games, and will pay stupidly high rates for rent, no customers required. Malls will survive just fine, the moment rents and property prices are back in touch with reality.