3 ms·
>The decline of the mall is an American thing, and its reasons are not entirely clear. I remember an article in the Economist a few years ago that said America
by tonyedgecombe 3y ago
>The decline of the mall is an American thing, and its reasons are not entirely clear.
I remember an article in the Economist a few years ago that said America had nine times the square footage of mall space compared to the UK. If they have a decline it's probably because they overbuilt in the past.
- A_D_E_P_T 3y agoWas that adjusted for population size? For the US also has 6x the population, and fewer "high streets" or walkable city/town shopping districts. The US also has, in a general sense, more space to build.
- rsynnott 3y agoIt probably was. Looks like the US has 5x the retail space per capita vs the UK, all in: https://www.statista.com/statistics/1058852/retail-space-per-capita-selected-countries-worldwide/ https://www.statista.com/statistics/1058852/retail-space-per...
- tonyedgecombe 3y ago>Was that adjusted for population size? Yes, I should have said per capita.