Lessons learned from a failing local mall
Two things I didn't see mentioned: stagnant wages and rising healthcare costs.<p>I don't think it's a coincidence that malls, especially non-upscale malls, are dying at the same time there's a proliferation of dollar stores and thrift store chains like Savers (basically a for-profit Goodwill).<p>Near a mall where I live there once was a Circuit City. Now there's a dollar store and a Savers.<p>Malls are failing because we simply don't have as much disposable income as we had in the 80s and 90s.<p>The malls that seem to be doing well are the upscale malls whose clientele still have plenty of disposable income.