Malls

  • Thread starter Thread starter C-Money
  • Start date Start date
  • Replies: 53
  • Views: 1K
  • Off-Topic 
Restaurants are being built in the parking lot of the Holly Hill Mall in Burlington. A lot that use to have so many cars in it most of the time it looked like they combined 50 used car dealerships and put all their cars in the mall’s parking lot.
 
There are several dead ones near me.

I recall when one of them was opened in the late 90's, now it has under 20% occupancy.

Then there's the one in Gwinnett county that everyone said would be ok if they built an outlet mall and another mall just 6 miles up 85....

It was featured in Stranger Things.
 
When I was a kid going to Hanes Mall in Winston was a big deal - I loved playing in the video game arcade there and going to the music stores and bookstores. And it was packed with people back in the day, on weekends it could be hard to find a parking spot that wasn't a long walk from an entrance. Now it sits about half-empty and is barely hanging on. I haven't been to it in years, and it wouldn't surprise me if they announced that they're closing it sometime soon. Just sad.
 
I worked at a Father and Sons Shoe store at the local mall when I was a high school teenager in the mid 1970’s. Got fired for smoking pot on the job with the asst. manager. It wasn’t a big loss. I was only hired as “extra help” over the Christmas Holidays. I did miss the Orange Julius drinks and burgers. My folks never found out and the manager didn’t call the law on me. Just canned me on the spot.
 
What I find interesting is that most die but some are magical unicorns that just get busier and busier. Crabtree in Raleigh is MOBBED on weekends. The Streets at Southpoint in Durham seems to be the same.
 
wmheel1287 said:
What I find interesting is that most die but some are magical unicorns that just get busier and busier. Crabtree in Raleigh is MOBBED on weekends. The Streets at Southpoint in Durham seems to be the same.
Click to expand...
The more upscale the better chance of success. Southpark is Charlotte is very successful. The whole area has become a thriving edge city.
 
I know the local management of a mall not too far from my house. It's a classic-style mall that opened in the late 70s. They're at maybe 60% permanent occupancy rate (they also have some seasonal stores). They do everything they can to attract stores, but brick and mortar is super difficult to make a profit at, especially when you're renting your space.

Their biggest concern is losing another of their anchor stores, after one closed in 2020. They still have 3 of the 4 anchor spots currently occupied, but if they lose another, the mall would be in serious trouble. All of their anchor stores are clothing department stores, so they're heavy in one area.

They've tried a lot of stuff to (1) bring in more stores and (2) to diversify. Some of it has worked, but it also seems like for every successful store that gets opened another closes. There's a good bit of turnover going on at any given time.

A big issue for them is how to operate such a large facility when you're having to pay for the entire building when not all of it is being used while trying to also attract new stores to the mall via competitive pricing. It's a tough job and I'm glad I don't have to figure it out.
 
wmheel1287 said:
What I find interesting is that most die but some are magical unicorns that just get busier and busier. Crabtree in Raleigh is MOBBED on weekends. The Streets at Southpoint in Durham seems to be the same.
Click to expand...
Or north hills mall in Raleigh. It's basically a mall that had its roof rpped off and swapped Target for all the other anchor stores (esp since JC Penney closed), then swapped upscale for cheap where possible.
 
Centerpiece said:
I worked at a Father and Sons Shoe store at the local mall when I was a high school teenager in the mid 1970’s. Got fired for smoking pot on the job with the asst. manager. It wasn’t a big loss. I was only hired as “extra help” over the Christmas Holidays. I did miss the Orange Julius drinks and burgers. My folks never found out and the manager didn’t call the law on me. Just canned me on the spot.
Click to expand...
Kevin Smith Dancing GIF
 
farce© said:
The more upscale the better chance of success. Southpark is Charlotte is very successful. The whole area has become a thriving edge city.
Click to expand...
I was gonna say Southpark seems to be doing well. The mall in Asheville off Tunnel Road seems to still be ok... just a ok... at least in relation to how other malls are doing.
 
farce© said:
The more upscale the better chance of success. Southpark is Charlotte is very successful. The whole area has become a thriving edge city.
Click to expand...
I am always amazed at Crabtree never getting "crappy" Then I think i figured out they pour millions into renovations every few years
 
Centerpiece said:
I was gonna say Southpark seems to be doing well. The mall in Asheville off Tunnel Road seems to still be ok... just a ok... at least in relation to how other malls are doing.
Click to expand...
SouthPark is pivoting. They are opening things up to the outside, adding restaurants, and renovating Symphony Park to turn it into a multifaceted park that can be used all day, year-round
 
I probably had the most fun in my life from 15-18 yo cruising and hanging out at the local mall.

I was there when this news segment was filmed and it pretty much put an end to cruising the mall. And that resulted in a bunch of the storefront businesses that had been there for years going out.

 
wmheel1287 said:
What I find interesting is that most die but some are magical unicorns that just get busier and busier. Crabtree in Raleigh is MOBBED on weekends. The Streets at Southpoint in Durham seems to be the same.
Click to expand...
i think that those two do pretty well because they're really the only malls in the area, no? triangle town center in north raleigh, too.

i highly doubt that any more will be built in the greater triangle area. malls are definitely going the way of the nickel bag.
 
You must log in or register to reply here.
Back
Top