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That's an interesting question. How is a mall closing a problem provided that people are still buying things, albeit from a different company to the one they bo
by tomalpha 9y ago
That's an interesting question. How is a mall closing a problem provided that people are still buying things, albeit from a different company to the one they bought from before?
If money continues to move around the system, surely this is something that looks like an economic indicator, but is really more of a cultural shift. (Separately there could well be economic problems with the decline of manufacturing etc.).
Are shopping malls somehow deeply rooted in the American psyche? Watching US movies from the 80's and 90's might suggest that they are...
- black_puppydog 9y agothat last bit is what prompted my question. crydas' and mseebach's answers make a good point that for some reasons, malls in the US started taking on other roles than just the places of exchange for everyday goods. so from that perspective, if malls fail, those roles need to be filled by some other entity.
- gbacon 9y agoIt’s a sentimental attachment for Gen Xers.
- bunderbunder 9y agoNot just the psyche, the landscape, too. Many US towns are so sprawled out that the mall was the only thing they had for public space. When the local mall closes, a bunch of people who've spent much of the past decade sitting on their couches, and aren't necessarily happy about that situation, realize that this is probably how they're going to be spending the next decade, too.