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MontEcola t1_ja6o4nh wrote

Malls across the country are going broke. Perhaps its one company?

In Washington State, one mall now has a school, library and office space. Half of the food court is closed.

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Bismuth941 t1_ja6yubj wrote

I came up here from Florida last year and the nearby mall had been essentially barren of stores on the inside for at least a year when I left, probably more. Even he Macys there closed which was fortunate for me since I was able to get a suit for my brothers wedding way cheaper. I think that was probably the last thing that set up the mall to be dead. Because the year after that right, before I moved, the mall went up for auction and was bought for only $100k. Me and my brother joked about how cheap that was and how we could just have this big ass space to ourselves if we had been able to get to that.

Had to check. Apparently the owners went bankrupt and their creditors bought it at auction. Which all makes sense with what I was thinking. Doesn't say the price paid, but I distinctly recall hearing $100k. 6 or so months after that they got hit by hurricane Ian too. Looks like a lot of their stores are still empty. Port Charlotte Town Center for those that are curious.

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sentient-meatball t1_ja8hmdw wrote

I live in Lubbock, TX now and had to go to the mall the past 2 weekends in a row. The mall was PACKED both times. Like they are thriving for sure and I wondered why... Then I remembered I'm in Lubbock, TX and it made sense. This place is still living in the 90s.

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CletusVanDamnit t1_ja8mcvl wrote

>Perhaps its one company?

Well, there are a few major mall companies around. Simon malls is a big one here on the East Coast. I don't know how far they stretch, but for a while most of the malls that were still functioning that I would see were all Simon malls.

Edit:Looks like they are all over the world, actually. If they aren't the biggest, they must be one of them.

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