Comment by ghaff
2 days ago
The general theory of most malls was that you had anchor stores. My local one has a couple of stores adjacent to the mall (a local chain supermarket and and Home Depot) that are very busy, almost too much so. The mall itself is pretty much dead and has been on the market for ages. The anchor stores--JCPenney, Sears, and Macy's are all long gone. Haven't been in the actual mall in ages but I assume it's pretty sad and there seem very few cars in the lots.
Oh, yeah, the Toys 'R Us in the complex is long gone too.
It's pretty much the same in my place, too. The old malls are dying. There are new malls coming up, but I'm not sure how they are going to hold in the future.
Luxury malls in cities aren't really my thing and there are even some higher-end suburban malls where Apple stores seem to have become an anchor store in this day and age that I would have laughed at once upon a time--shows how much I know.
I will say I have walked into some malls in Vegas and only half-hyperbolically thought I couldn't (and/or wouldn't want) to have afforded pretty much anything.