Promoting the Joys of Carfree Life in the USA
(Since February 2006)
Tuesday, March 31, 2009
Suburban Shopping Malls Dying
The vital signs are not good. Even before the recession hit, consumers had developed mall fatigue, and the classic enclosed shopping mall was in decline. More than 400 of the 2,000 largest malls in the U.S. have closed in the past two years.