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Old 01-03-2016, 12:19 PM
 
Location: Madison, MS
1,031 posts, read 1,349,452 times
Reputation: 435

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Quote:
Originally Posted by VennyG View Post
Agreed. But if malls cant (or dont) entertain a dominating population pool then those malls may die.
Which is why I suggested a better alternative, to work with the population pool (teens).
In a decade those teens will grow into a strong buying power.
Curious....are you the same poster on another thread who said Costco would do well to locate at I-220 and Medgar Evars?
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Old 01-03-2016, 12:28 PM
 
1,027 posts, read 1,499,299 times
Reputation: 1080
Quote:
Originally Posted by VennyG View Post
Agreed. But if malls cant (or dont) entertain a dominating population pool then those malls may die.
Which is why I suggested a better alternative, to work with the population pool (teens).
In a decade those teens will grow into a strong buying power.
It takes more than 10 years for a teen to turn into the demographic a mall needs. Mall teens are also not were you cultivate future business, colleges are. The odds are much higher and the timeline shorter.

And again, malls need to figure out how to get most teens out, not how to include them. Adults, who keep malls in business, dont want to shop in places that are catering to teens.

It is also not just the vague term "teen" that is the problem. It is the kind of teens. You can not attract your buying demographic of adults when you have teens in your business that look like, or are the criminal element of an area.

Retail development companies are solving this problem, but not by doing anything you suggest, but by creating an environment where people will not loiter in common areas (getting rid of rogue groups of broke teens). That is why the outdoor mall is the current trend.
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Old 01-03-2016, 01:43 PM
 
57 posts, read 58,927 times
Reputation: 55
Quote:
Originally Posted by Neshomamench View Post
It takes more than 10 years for a teen to turn into the demographic a mall needs. Mall teens are also not were you cultivate future business, colleges are. The odds are much higher and the timeline shorter.

And again, malls need to figure out how to get most teens out, not how to include them. Adults, who keep malls in business, dont want to shop in places that are catering to teens.

It is also not just the vague term "teen" that is the problem. It is the kind of teens. You can not attract your buying demographic of adults when you have teens in your business that look like, or are the criminal element of an area.

Retail development companies are solving this problem, but not by doing anything you suggest, but by creating an environment where people will not loiter in common areas (getting rid of rogue groups of broke teens). That is why the outdoor mall is the current trend.

So finally.. it is not the "teen (generic or not)" but "criminal content" of the demographics is at issue.
Malls are running away from the problem (teens and criminals) than addressing the issue. We are losing a great opportunity to create a win-win situation just when it is a bud.

What about, if new issues prop up for those new malls in a few years, such as adverse weather, new group of resilient youth, criminals who have better opportunities to escape from those outdoor malls etc. The story repeats again. Big losers are city (who gave tax incentives) and mall investors.
Teens dont care where they are socializing. If not the mall they have a parking lot to hang around (which is even worse.)
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Old 01-03-2016, 02:02 PM
 
1,027 posts, read 1,499,299 times
Reputation: 1080
Quote:
Originally Posted by VennyG View Post
So finally.. it is not the "teen (generic or not)" but "criminal content" of the demographics is at issue.
Malls are running away from the problem (teens and criminals) than addressing the issue. We are losing a great opportunity to create a win-win situation just when it is a bud.

What about, if new issues prop up for those new malls in a few years, such as adverse weather, new group of resilient youth, criminals who have better opportunities to escape from those outdoor malls etc. The story repeats again. Big losers are city (who gave tax incentives) and mall investors.
Teens dont care where they are socializing. If not the mall they have a parking lot to hang around (which is even worse.)
I understand that you are trying to feel your way through this issue, but you don't understand much about the industry behind large retail centers.

Again, to throw out one of the critical issues, you stay in business because of the demographic that spends money. Catering to the demographic that does not spend money and drives away the folks who spend money is not the solution.

Malls are in the business of revenue, not providing a hangout for teens. Government coffers will be best filled by malls focusing on revenues and not things destructive to business.

BTW, teens are fine, when they have dad's credit card and dad has disposable income or they are shopping with mom. Broke teens in wife beaters, ripped up rebel flag shirts or pants hanging past their knees are not good for business.
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Old 01-03-2016, 02:37 PM
 
57 posts, read 58,927 times
Reputation: 55
Quote:
Originally Posted by Neshomamench View Post
I understand that you are trying to feel your way through this issue, but you don't understand much about the industry behind large retail centers.

Again, to throw out one of the critical issues, you stay in business because of the demographic that spends money. Catering to the demographic that does not spend money and drives away the folks who spend money is not the solution.

Malls are in the business of revenue, not providing a hangout for teens. Government coffers will be best filled by malls focusing on revenues and not things destructive to business.

BTW, teens are fine, when they have dad's credit card and dad has disposable income or they are shopping with mom. Broke teens in wife beaters, ripped up rebel flag shirts or pants hanging past their knees are not good for business.
We as a society is running away from the problem at the tax payers and investors expense instead of handling it in the most constructive way and creating solution for future generations. All in the name of profits. How right is it?
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Old 01-03-2016, 02:44 PM
 
799 posts, read 1,064,714 times
Reputation: 938
Quote:
Originally Posted by VennyG View Post
We as a society is running away from the problem at the tax payers and investors expense instead of handling it in the most constructive way and creating solution for future generations. All in the name of profits. How right is it?
You have no idea how a business is run so my advice to you is to be quiet. All you're doing is showing your ignorance.
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Old 01-03-2016, 02:58 PM
 
1,027 posts, read 1,499,299 times
Reputation: 1080
Quote:
Originally Posted by VennyG View Post
We as a society is running away from the problem at the tax payers and investors expense instead of handling it in the most constructive way and creating solution for future generations. All in the name of profits. How right is it?
Who is "society?"

If you want to help someone, go help them, instead of insisting someone else do it....to your liking.


Nothing has lifted more people to a higher standard of living than free market capitalism and chasing profits. Messing with that will not produce the desired results in the long term.
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Old 01-03-2016, 03:50 PM
 
Location: Madison, MS
1,031 posts, read 1,349,452 times
Reputation: 435
Quote:
Originally Posted by VennyG View Post
We as a society is running away from the problem at the tax payers and investors expense instead of handling it in the most constructive way and creating solution for future generations. All in the name of profits. How right is it?
Dude, you're confusing retail stores with parenting and social behavior. Hush.
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Old 01-03-2016, 04:41 PM
 
799 posts, read 1,064,714 times
Reputation: 938
Quote:
Originally Posted by madison2013 View Post
Dude, you're confusing retail stores with parenting and social behavior. Hush.
yep
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