Description: On a crisp Friday evening in late October, Shannon Rich, 33, is standing in a dying American mall. Three customers wander the aisles in a Sears the size of two football fields. The RadioShack is empty. A woman selling smartphone cases watches “Homeland” on a laptop.
Source: Bloomberg.com
Date: Nov 21, 2014
Link: http://www.bloomberg.com/news/2014-11-21/a-dying-mall-in-concord-new-hampshire.html
Questions for Discussions:
- Why is this mall and others like it dying?
- Is there a revitalization solution that would bring customers back?
- What are the financial consequences for investors?
- Do you think consolidation of assets and reallocation of land use is likely in the near term?
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