Economist writes about the shopping mall's story + the gradual decline of the concept in the country (America) that pioneered them + changing suburbs + ethnic drift + the new amateur shopping-mall history + the mix-and-match appearance of the 'lifestyle centres' + other viewpoints @ http://www.economist.com/world/na/displaystory.cfm?story_id=10278717
There is a lesson for all. I wonder what may happen to the gem and jewelry stores in the shopping malls + the impact. If you look at the emerging markets in Asia, Middle-East, South America, and Africa today shopping malls continue to multiply in amazing numbers + they want to follow the American business model. I don't think the concept is going work in all regions. I hope business leaders will learn from their mistakes.
Useful links:
www.icsc.org
http://deadmalls.com
http://labelscar.com
www.lakehurstmall.net
www.carusoaffiliated.com
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