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Old 10-16-2017, 09:35 AM
 
2,783 posts, read 1,628,289 times
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So I'm sure we've all heard about how poorly malls are doing. However that is only partially true, there are many malls with less than a 5% vacancy rate and are doing very well for themselves. I live in Maryland and every time I go to Columbia Mall it's packed. There's also Tysons Corner in Virginia which is doing well. I've also been to Atlanta many times and most of the malls in north metro seem to be doing well. I'm wondering in 2017 how can a mall be successful.
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Old 10-16-2017, 10:01 AM
 
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Only high-end malls can survive. The low-end has been eaten by the internet and target.
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Old 10-16-2017, 10:42 AM
 
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Quote:
Originally Posted by gladhands View Post
Only high-end malls can survive. The low-end has been eaten by the internet and target.
Pretty much this. Eventually I think malls are just going to turn into office space entirely.
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Old 10-16-2017, 10:52 AM
 
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Quote:
Originally Posted by MrJones17 View Post
Pretty much this. Eventually I think malls are just going to turn into office space entirely.
Everyone wants to put all the blame on e-commerce, but the major department stores and mole staples like gap and Banana Republic have decreased and quality so much, and the prices haven’t dropped. I tend to buy higher and clothing made in developed nations, but when I need something cheaper, and the stuff at Target is just as good as the stuff at Macy’s.
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Old 10-16-2017, 11:12 AM
 
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Or you can do what some malls have done and become entertainment destinations as well. That is pretty much what this mall has done: https://en.wikipedia.org/wiki/Destiny_USA
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Old 10-16-2017, 11:46 AM
 
Location: 352
5,122 posts, read 3,879,218 times
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Many malls are succeeding because malls are not in a vacuum. You have to adapt to survive. Blockbuster, Kmart, Sears, etc weren't killed by Amazon and Walmart. They were killed by failing to adapt, and terrible corporate practices. The Netflix idea was actually presented to Blockbuster first, and they laughed at it. Walking into Kmart felt like walking into 1991. Welp.

The malls today there are getting more innovative are the ones sticking around. Same for the malls that are asserting their dominance in a region. The days of 3-4 malls in one city is over.

Quote:
Originally Posted by gladhands View Post
Only high-end malls can survive. The low-end has been eaten by the internet and target.
Not true. Haywood Mall in Greenville, SC isn't high end, but it's definitely not going anywhere anytime soon. The mall is in better shape now than 10 years ago. Same can be said for Columbiana Mall in Columbia, SC.

I think malls have to adapt to survive, not be high end.
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Old 10-16-2017, 11:48 AM
 
Location: Central New Jersey
2,384 posts, read 908,448 times
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Online shopping cheaper and easier. Free shipping. No crowds. No teasers
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Old 10-16-2017, 12:14 PM
 
Location: SF Bay Area
15,459 posts, read 25,401,064 times
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Quote:
Originally Posted by gladhands View Post
Only high-end malls can survive. The low-end has been eaten by the internet and target.
I don't really think that's true. The mall closest to me, Sun Valley Mall in Concord, CA, is a solidly middle class mall and doing great as far as I can tell. They've added restaurants and a bowling/video arcade called Round 1 that helps bring people in.
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Old 10-16-2017, 12:27 PM
 
Location: The middle of nowhere
8,951 posts, read 4,099,289 times
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Quote:
Originally Posted by gladhands View Post
Only high-end malls can survive. The low-end has been eaten by the internet and target.
This.

The mall isn't the place teens go to hang out at stores like Aeropostale and Sam Goody anymore. It's where people go for a $1,000 handbag.
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Old 10-16-2017, 01:04 PM
 
Location: 352
5,122 posts, read 3,879,218 times
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Quote:
Originally Posted by bawac34618 View Post
This.

The mall isn't the place teens go to hang out at stores like Aeropostale and Sam Goody anymore. It's where people go for a $1,000 handbag.
Also not true. I see teens casually strolling the malls all the time. There's nothing "uncool" about hanging at the mall. Matter of fact some malls are having to enact teen curfews. $1,000 bags is what boutique shops are for.
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