Death of American Retail

[admin]

Lots of trouble with retail. Store closings galore

That’s why it’s important to live in or near population center where the malls can be repurposed into lifestyle centers with a mix of retail, office and housing.

I personally would be happy to live in a tower above UTC mall within easy access to the new trolley line. Sigh….. American urban development is so stuck in the “garden style” type communities. No innovation.

http://www.washingtonpost.com/amphtml/news/business/wp/2017/04/05/the-troubles-at-the-american-mall-are-coming-to-a-boil/

[spdrun]

Retail closings are happening even in big cities. Want to know where retail thrives? Not chichi places like UTC. Immigrant communities with a healthy underground cash economy.

Go to Jamaica, Queens, and there are very few vacancies.

[FlyerInHi]

[quote=spdrun]Retail closings are happening even in big cities. Want to know where retail thrives? Not chichi places like UTC. Immigrant communities with a healthy underground cash economy.

Go to Jamaica, Queens, and there are very few vacancies.[/quote]

That’s true. Rents have to be relatively low to sustain mom-and-pops. The why some European cities keep rents low to sustain small vendors.

But even in NYC, bodegas are closing because of gentrification.

[spdrun]

Bodegas are doing better than chichi clothing stores. The latter sell stuff to rich whitebreads who’d rather shop on Amazon with a crapcard.

[FlyerInHi]

[quote=spdrun]Bodegas are doing better than chichi clothing stores. The latter sell stuff to rich whitebreads who’d rather shop on Amazon with a crapcard.[/quote]

I like bodegas that occur in older urban areas. But that’s not American urban architecture. We run urban planning in 5 year plans, 20 year plans like communist countries used to plan their economies.

[FlyerInHi]

Dan bell has a series on dead mall.
Aren’t we glad we live in a creative new economy city and not in those dying areas?

[FlyerInHi]

Anyone been to the new San Diego Home Depot design center?

Home Depot is changing its business model for more online orders. Lowes has a new “pickup” system. But it’s a mess.

Of course, Sears is no more. Although I shopped at Sears when growing up…. I won’t miss the store.

[The-Shoveler]

I keep getting Emails from Sears, would not be surprised to see them turn into some type of online shopping fulfillment center thing.

Walmart is doing a really good job at the online shopping fulfillment center thing, My Mother (now in her late 80’s), does almost all her shopping online at Walmart, everything gets delivered almost always the next day, really works well for her.

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