Thursday, February 19, 2009

Ghost Malls

I predicted that many malls would soon look like ghost towns. There is one mall that I know that has only one store opened. The ghost malls are a problem that we will soon face, and as I have said before, mass retail closings are soon to take place.

Get ready for even more hardship as many people lose their jobs due to a massive downsizing in the retail sector. The mall is about to get mauled by the twin forces of high rents and internet retailers who have much lower overhead.

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