Why American malls are dying, and European ones aren't.
Why American malls are dying, and European ones aren't.
Why American malls are dying, and European ones aren't.
Adam Something's latest video looks at while malls in Europe aren't seeing the same fate as their American counterparts, despite the same competition from Amazon.
He suggests that low-density urban planning and car-dependent suburban sprawl are a big factor that no-one talks about.
For what it's worth, Australia also hasn't seen the massive number of dying/dead malls that the US has since the GFC.
At least in Sydney, many of our big shopping centres tend to be close to public transport. (Think QVB, Westfield Bondi, Westfield Chatswood, Chatswood Chase, Westfield Parramatta, Stocklands Merrylands, Burwood Plaza, Strathfield Plaza, Westfield Hornsby, Westfield Miranda, Castle Towers, Westfield Hornsby...)
Most also have at least two supermarkets (a Coles and a Woolies).
#malls #retail #DeadMalls @fuck_cars #Urbanism #UrbanPlanning #economy #economics #MassTransit #PublicTransport @urbanism
European malls and even some inner-city shopping streets are also struggling. Maybe not as much as in other places, but online-shopping is definitely skimming off a lot of high profit margin products that normal stores used to supplement their revenue with.
1It's hard to imagine with the monumental crowds I see every time I go to a mall. At least in the center of Warsaw malls seem continually busy these days.
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@ajsadauskas @fuck_cars But in Europe innercity/downtown retail is dying. Small shops bankrupt and buildings are untenated.
But there is hope: Once the cars are banned, people are coming back and so will business. Statistical data in Germany are very clear in this regard.
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