Relics

The American mall continues its death spiral.

Specialty retail still has a niche, I think, but the department store is going the way of the dinosaur, it looks like, with the big box Martmarts and Amazon fighting over the carcass. Without department stores, you don't get the foot traffic that keeps the little specialty retailers and food court shops open.

What goes in those spaces?

We already had our nearest mall die. Glendale Town Center went through the entire cycle of opening as an open-air shopping center, being converted to an enclosed mall, and having the mall demolished and being converted back into an open air shopping center. The super Target and the Lowe's are thriving there, but I don't know how much longer that particular Macy's is for this world.