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| An Enormous Landmark Joins Graveyard of Malls by Jeremy at 3:07 pm EST, Dec 24, 2003 | |||
"It's just dead here." "The whole idea of bigger being better, I just don't think that's the case anymore." The Mall of Memphis has succumbed to ferocious competition from spiffier malls and big discount stores like Wal-Mart and Target. The mall's shops became "faddish," hustling "baggy pants one month, something else the next." Its failure "has to do with the disposability of the cities we're building." | |||
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| An Enormous Landmark Joins Graveyard of Malls by Robbie at 3:47 am EST, Dec 26, 2003 | |||
More than cities, retail itself is becoming more disposable. Large, big-box stores such as Wal-Mart come into small towns. When they outgrow their original location they build a new shopping center down the street. The old shopping center then becomes an empty eyesore. While Wal-Mart often tries to fill their old locations with Sams Clubs, there's not much of a market for stores like this in mos t of the small towns Wal-Mart operates in. | |||
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