I watch a lot of Dead Mall videos on YouTube and I wanted to see what everyone’s thoughts are on why there’s so many dead malls now.
Speaking from an outside perspective; malls (what we call shopping centres) in Australia didn’t die anywhere near what has happened in the US. We have a very different geographic landscape (hyper-concentration of population in city centres) and definitely don’t have the same level of penetration that companies like Amazon do, but we have shared a lot of the same economic headwinds that the US has. From my armchair perspective, this would generally suggest that it’s less to do with economic position and more to do with idiosyncrasies of the US, but I have absolutely no data to back that up.
We have shopping centers in the US and a lot of them are still thriving. They tend to be smaller than malls but they’re more numerous. They usually have one or two big stores like Target or Home Depot along with several smaller stores. They’re also not enclosed so it’s easier to get to a small store in a shopping center than it is in a mall.
Hmm maybe what you call a mall in Australia is what Americans call a strip mall?
