Was unaware how many malls in America went bust...wtf!

Discussion in 'Men's Economics' started by CdnGuy, Jan 29, 2017.

  1. CdnGuy

    CdnGuy Member

    GigaloRob likes this.
  2. MassTurk

    MassTurk Member

    Amazon dot com
     
  3. MindlessWork

    MindlessWork Member AnabolicLab.com Supporter

    This is surely why ^^

    Retailers need to adapt to the dot com world or bust. Old-line stores like Sears and Macys are closing stores left and right, not to mention how many other smaller retailers just gave up and went out of business.
     
  4. Perrin Aybara

    Perrin Aybara Member

    Our local one is a ghost town. More empty spots than stores.
     
    SmallWoody and CdnGuy like this.
  5. CdnGuy

    CdnGuy Member

    Lol i underatand that just did not know America had built a mall every 200 yards lol
     
    MassTurk likes this.
  6. MindlessWork

    MindlessWork Member AnabolicLab.com Supporter

    Yep, the small strip mall near me is pretty empty except for a Home Depot and a car parts store. Sad state of affairs indeed! This mall used to have a Kmart, a Radio Shack plus a few clothing stores.
     
    Perrin Aybara likes this.
  7. gr8whitetrukker

    gr8whitetrukker Member AnabolicLab.com Supporter

    Amazon opened a fulfillment center up near me. I have to drive by it everyday and i have also been to it. The shear size of their operation is unbelievable. When i say they opened up 1 fulfillment center i mean they have 4 walmart DC sized warehouses in the immediate area. All having a different purpose. They have so many employees that they are forced to park off site and be shuttled in by a fleet of buses. They have the police there solely to keep the peace when their employees come in for work and leave from work. The internet has changed how people shop and seeing it with my own eyes is a testament to how services like Amazon have changed our economy. Ive seen a million different govt and private warehouses and nothing quite stacks up
     
  8. CdnGuy

    CdnGuy Member

    My one thought was why doesn't Govt use these empty building. For something like social housing for the homless?
     
    SmallWoody and Morefyah like this.
  9. MindlessWork

    MindlessWork Member AnabolicLab.com Supporter

    Also blame Walmart for the decline of malls.
     
    master.on likes this.
  10. GigaloRob

    GigaloRob Member

    Malls were all the rage when I was younger. We had 7 large malls around the city at one point. We are now down to one with the 3/4 of the rest still standing and pretty much completely vacant.
     
    MindlessWork and CdnGuy like this.
  11. True. However, in my neck of the woods a lot of them closed well before Amazon came about.
     
    GigaloRob, MassTurk and CdnGuy like this.
  12. I have seen some of the land from abandoned malls for sale and purchased by private companies. Those private companies leveled the mall and built warehouses.
     
    CdnGuy likes this.
  13. CdnGuy

    CdnGuy Member

    No doubt ....just seeing the empty building and knowing the huge number of homeless. You'd think it would be an idea for government. Or not :confused: lol
     
    strongsafety41 likes this.
  14. GigaloRob

    GigaloRob Member

    In my area the downward spiral of the malls coincided with the box stores springing up. Walmart,Meijer,Target ect. Amazon and online buying was just the nail in the coffin.
     
    strongsafety41 and MindlessWork like this.
  15. rugerjitsu

    rugerjitsu Member

    I have a cousin in the commercial real estate business that's doing well on these empty strip malls...they go in and buy them dirt cheap and end up leasing them out to mostly local start ups in the area. Of course, he's a fucking monster with research and crunching numbers...but like they say, where there's misfortune there can be great opportunities.
     
    strongsafety41 and CdnGuy like this.
  16. Completely agree. Now they all realize that less overhead equals more profit.
     
    MindlessWork likes this.
  17. master.on

    master.on Member

    Besides Internet shopping

    Maybe malls also declined as you now don't have to go there to talk to girls?
    Social media dating y know
     
    SmallWoody likes this.
  18. Morefyah

    Morefyah Member

    IMG_6643.JPG Does anybody remember these in the 80's. We would cut school, skateboard to the mall and play video games.
    Those were the days!!
     
    Jak3d, MindlessWork and CdnGuy like this.
  19. CdnGuy

    CdnGuy Member

    Lived in Arcades as a kid ... just had a flash back lol Thxs :D
     
    SmallWoody, Morefyah and MindlessWork like this.
  20. MindlessWork

    MindlessWork Member AnabolicLab.com Supporter

    There was an arcade like that at the mall that my younger brother and I hung out in while I was in high school. Played PacMan and Zaxxon...ohh good times!

    EDIT: The arcade was called Fun Factory

    I even played in a PacMan tournament then...got 20th highest score out of 100 players :)

    1982...an awesome year!
     
    Last edited: Mar 2, 2017