You Won’t Believe The Entertainment Centers Set To Replace American Malls

The medium-sized and generic, forgettable malls are going the way of the dinosaur, just like the Main Street, family-owned stores those same malls once put out of business.

American retailers are going bankrupt at the fastest rate since the Great Recession. Many are sitting on mountains of volatile debt. J.C. Penney, Sears, Abercrombie & Fitch, GameStop, and others are shuttering locations left and right.

As Business Insider recently put it, dying shopping malls are wreaking havoc on suburban America. As they close down or fall into disrepair, shopping malls are, “in some cases, leaving jobless communities and rotting buildings that are hotbeds for crime in their wake.”

The commercial real estate firm CoStar “estimates that nearly a quarter of malls in the US, or roughly 310 of the nation’s 1,300 shopping malls, are at high risk of losing an anchor store.”

The Honeydale Mall died a prolonged death, in it’s final days it housed a “Flea Market”. It’s not far from where I live. Just up the road from there is Cloverdale Mall which lost an anchor store with the Target bankruptcy.

  • Dana Garcia

    Meanwhile, Jeff Bezos became the richest man in the world by ruining America’s retail businesses. The Robber Barons of the late nineteenth century pale in comparison.

    • Very true.

      • andycanuck

        I knew they were dead when they let the Golden Griddle leave! Condos coming next I imagine.

    • PaxCan

      A company, I might add, that’s been unprofitable for almost the entirety of it’s existence. And it made it’s founder a billionaire by being unprofitable. How does that work?

  • Doug Kursk

    Ahh..Honeydale Mall..remember it well..grew up around West Mall and Bloor. I remember when Cloverdale Mall was open air!! Sherway Gardens still operating?

    • PaxCan

      Sherway is not only still operating it underwent an expansion and has gone upscale. You need to prove you make over a certain amount of income before they let you in.

      Another thing about Sherway. If you ever find yourself wondering where all the white people went as you walk the city’s malls it’s because they’re all at Sherway. Not only have we segregated ourselves by neighbourhood it appears we also care to shop among our own as well.

  • tom_billesley

    Only lacking a minaret and a dome.

    • Bubba2 Butane

      New homes for GTA Sharia courts! Turdo and Wynnbag will provide the funds to construct the minarets and domes plus the stoning pits. Isn’t diversity grand?

  • Justin St.Denis

    I can count on my fingers the number of times I have entered a mall over the last 40 years. The aural ambient cacophony kept me out of them. These days, you can add mall crime and the general death of public civility as additional reasons to avoid them, especially in urban centres. Indeed, in urban centres these days, it is best to avoid any place/event that draws large numbers of people. Large gatherings of people have become too dangerous since turd-worlders have been added into the mix.

  • Reader

    I was thinking they might become shooting galleries.

    I just don’t know if those are the types from Vancouver or Baltimore.

    Either way, it’s all downhill from here.

  • PaxCan

    With all the fuerdai invading our country I can’t see the major shopping centres suffering any hardships anytime soon. These parasites seem to have nothing better to do with themselves nor purpose in Canada except to idle away their time buying luxury goods at Yorkdale or the Eaton Centre with the filthy lucre their tax dodging father sends them back from China.