Why are there so many dead malls across the US?

I don't understand why people keep missing the point on this one: it's because a large percentage of the population has no money to shop at malls. Back when malls were flourishing 40 years ago, the middle class held a lot higher share of the total amount of money in the U. read more

The answer quite complex. While most posters have discuss increased competition with internet stores, big box stores, and the decline of the middle class, which are all important factors, they are all forgetting a crucial one: Decline in Christmas Spending. read more

According to St. Louis Today, "Like many longtime indoor malls across the country, it is changing because of age, location, new ways of shopping, and increased competition from newer shopping centers and the Internet." The mall was also inconvenient to get to because it wasn't close to an interstate exit. read more

In recent years, the number of dead malls has increased significantly because the economic health of malls across the United States has been in decline, with high vacancy rates in many of these malls. read more

The Owings Mills Mall is poised to join a growing number of what real estate professionals, architects, urban planners and Internet enthusiasts term “dead malls.” Since 2010, more than two dozen enclosed shopping malls have been closed, and an additional 60 are on the brink, according to Green Street Advisors, which tracks the mall industry. read more