Business

Are Shopping Malls Now A Relic Of Twentieth Century Commercial Construction?

The indoor mall is a phenomenon of 1950s “car culture.” Once more people moved from cities and developed suburban areas, the downtown shopping districts were not as viable. Also, in areas that have cold and snowy winters, it was not always practical or comfortable to walk from store to store 성인용품쇼핑몰 down a proverbial “Main Street.” Thus, the indoor, climate-controlled mall was born.

The shopping centers grew in popularity and ignited a 50-year boom in commercial construction. There were nearly 1,500 malls built between the years of 1956 and 2005.

Blue-collar neighborhoods have faced many economic issues in the past few decades. Many residents turned to discount giants like Walmart for clothing and home goods. Teenagers took over malls, and they started to spiral downward.

Anchor stores like Sears and J.C. Penney’s started to lose business nearly overnight. Many of these anchors closed multiple locations and malls struggled to fill their positions with discount retailers like T.J. Maxx. Eventually these indoor centers fell into such a decline that there was no coming back.

 

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