Thursday, March 24, 2011

Malls Of A Certain Age

Good article that discusses the history of the mall, and how it can be relevant in the future.

"The enclosed mall ... is as dead as your average big-city newspaper. Which is to say: not dead yet, exactly, but no one’s betting on its future. Except for a few real estate developers, no one seems all that sad to see the Galleria in such a beleaguered state. The old-fashioned enclosed mall exists most powerfully now as a symbol of tasteless consumerism, ugly architecture, and bland corporate hegemony, revealing our recent past as unsophisticated suburban rubes. Yes, we were once dazzled by indoor fountains and Sunglass Huts."

Thursday, March 03, 2011

The Wealthiest Consumers driving Post-Recession Retail Recovery

The rich are spending more money...   they make up 5% of the population, and contributed 35% to the economy 3rd quarter of 2009.   Read about it here: