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Please knock it off. Your logic doesn’t even make sense. Covid happened everywhere, yet SF has had among the worst recoveries: https://www.cbsnews.com/amp/sanfr

Please knock it off. Your logic doesn’t even make sense. Covid happened everywhere, yet SF has had among the worst recoveries: https://www.cbsnews.com/amp/sanfrancisco/news/sf-covid-19-pandemic-recovery-among-worst-in-nation-bay-area-council-study/ https://www.cbsnews.com/amp/sanfrancisco/news/sf-covid-19-pa... In other parts of the country, they are actually building new malls. Go down to Palo Alto or San Jose, or even Stonestown. Those malls are thriving. https://montco.today/2023/01/triple-five-group-florida-king-of-prussia-mall/ https://montco.today/2023/01/triple-five-group-florida-king-...

tssva 3y ago
I live in the county with the highest median household income in the country. 3 out of 5 anchor store locations at the local mall sit empty and national retailers are continuously leaving. Some are being replaced by lower end stores which could never have afforded a mall location 10 or even 5 years ago, but many locations remain empty. The mall is slowly dying and the owner is looking to redevelop it.
- JumpCrisscross 3y ago
  > live in the county with the highest median household income in the country Santa Clara is No. 3 and San Francisco No. 12 [1]. Medians can obscure gut-wrenching poverty. [1] https://en.m.wikipedia.org/wiki/List_of_highest-income_counties_in_the_United_States https://en.m.wikipedia.org/wiki/List_of_highest-income_count...
  - tssva 3y ago
    I have to admit I'm not sure what the point of your comment is in this context. Are you implying that even though Loudoun County has the highest median income in the country it might still not be able to support a mall because the wealth is concentrated and a large number live in poverty? If so, I can assure you that is not the case. Loudoun County has the 6th lowest poverty rate of US counties at 3.4%. It should be a great location for a mall yet the mall is still not doing well.
    - JumpCrisscross 3y ago
      > I'm not sure what the point of your comment is in this context Median household income is a poor proxy for a mall’s revenue driver: aggregate proximate disposable income. One can maintain lofty median incomes while peripherialising disposable income through higher median costs of living. (Side note: I spent a hot minute in childhood in McClean. The food in Leesburg might have triggered my inner gourmande. Forgot that until just now—thank you.)
      - tssva 3y ago
        Would have never guessed that since the original comment didn't mention disposable income but only a statement about median income hiding gut wrenching poverty. Loudoun County has the 3rd highest average household disposable income and a low poverty rate, so again should be a great location for a mall but isn't. While some malls are succeeding, Tysons Corner Mall and Tysons Galleria in Northern Virginia for example, many more are struggling and many have already died. Some of this is due to the shrinking of their traditional tenants, national retail chains, but is also due to those same potential tenants choosing to relocate existing stores and open new stores in non-mall locations.
        JumpCrisscross 3y ago
        > the original comment didn't mention disposable income It was pointing out that the chosen isn’t the signal it’s being positioned as. > Loudoun County has the 3rd highest average household disposable income and a low poverty rate, so again should be a great location for a mall Source? (Purely for curiosity.) Averages don’t matter. Aggregates do. If I am a county of one, even with tremendous disposable income, a good location for a mall I do not make. Malls are absolutely in structural decline. But pointing to median and average metrics is misleading, though not in an uncommon way.

tssva 3y ago

I live in the county with the highest median household income in the country. 3 out of 5 anchor store locations at the local mall sit empty and national retailers are continuously leaving. Some are being replaced by lower end stores which could never have afforded a mall location 10 or even 5 years ago, but many locations remain empty. The mall is slowly dying and the owner is looking to redevelop it.

JumpCrisscross 3y ago
> live in the county with the highest median household income in the country Santa Clara is No. 3 and San Francisco No. 12 [1]. Medians can obscure gut-wrenching poverty. [1] https://en.m.wikipedia.org/wiki/List_of_highest-income_counties_in_the_United_States https://en.m.wikipedia.org/wiki/List_of_highest-income_count...
- tssva 3y ago
  I have to admit I'm not sure what the point of your comment is in this context. Are you implying that even though Loudoun County has the highest median income in the country it might still not be able to support a mall because the wealth is concentrated and a large number live in poverty? If so, I can assure you that is not the case. Loudoun County has the 6th lowest poverty rate of US counties at 3.4%. It should be a great location for a mall yet the mall is still not doing well.
  - JumpCrisscross 3y ago
    > I'm not sure what the point of your comment is in this context Median household income is a poor proxy for a mall’s revenue driver: aggregate proximate disposable income. One can maintain lofty median incomes while peripherialising disposable income through higher median costs of living. (Side note: I spent a hot minute in childhood in McClean. The food in Leesburg might have triggered my inner gourmande. Forgot that until just now—thank you.)
    - tssva 3y ago
      Would have never guessed that since the original comment didn't mention disposable income but only a statement about median income hiding gut wrenching poverty. Loudoun County has the 3rd highest average household disposable income and a low poverty rate, so again should be a great location for a mall but isn't. While some malls are succeeding, Tysons Corner Mall and Tysons Galleria in Northern Virginia for example, many more are struggling and many have already died. Some of this is due to the shrinking of their traditional tenants, national retail chains, but is also due to those same potential tenants choosing to relocate existing stores and open new stores in non-mall locations.
      - JumpCrisscross 3y ago
        > the original comment didn't mention disposable income It was pointing out that the chosen isn’t the signal it’s being positioned as. > Loudoun County has the 3rd highest average household disposable income and a low poverty rate, so again should be a great location for a mall Source? (Purely for curiosity.) Averages don’t matter. Aggregates do. If I am a county of one, even with tremendous disposable income, a good location for a mall I do not make. Malls are absolutely in structural decline. But pointing to median and average metrics is misleading, though not in an uncommon way.