Sunday, April 12, 2009

"A Challenging Time for Malls Across the Nation."

South Carolina's The Sun News looks at the faltering Inlet Square Mall in Murrells Inlet, South Carolina and finds that its woes are part of a nationwide trend:
"This is a challenging time for malls across the nation, which are being squeezed by the credit crunch at the same time that consumers scale back and retailers go out of business. People's appetites for luxury and discretionary items are weak...Some people are even questioning whether the typical enclosed shopping mall is a dying breed as people flock to open-air centers or big box stores. Even before the recession, malls had started shuttering."
Much more in the link above.

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