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re: Express filing Chapter 11 bankruptcy

Posted on 4/22/24 at 11:30 am to
Posted by RolltidePA
North Carolina
Member since Dec 2010
3489 posts
Posted on 4/22/24 at 11:30 am to
Malls are dying in general. I imagine that most stores that have traditionally relied on malls and shopping centers to service their core business are going to struggle. I honestly don't know any one of my wives or sisters friends, or my daughter and her friends who have shopped at Limited any time in the last several years.
This post was edited on 4/22/24 at 12:56 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48760 posts
Posted on 4/22/24 at 11:33 am to
My wife and daughters don't ever go to the mall. I can't remember the last time I've been in one, but I'm not exactly their main target demographic anymore.
Posted by RT1941
Member since May 2007
30273 posts
Posted on 4/22/24 at 11:48 am to
quote:

Malls are dying in general. I imagine that most stores that have traditionally relied on malls and shopping centers to service their core business are going to struggle. I honestly don't anyone one of my wives or sisters friends, or my daughter and her friends who have shopped at Limited any time in the last several years.
Yep. The Mall staple retailers (Footlocker/Victoria's Secret/Champs) are closing in droves. Any enclosed malls that are still operating are full of odd/specialty tenants resembling a Turkish Bazaar with tons of gold chains/cellphone covers & weird clothing.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37157 posts
Posted on 4/22/24 at 12:45 pm to
quote:

Malls are dying in general. I imagine that most stores that have traditionally relied on malls and shopping centers to service their core business are going to struggle


Some of the proposed buyers / financiers here are mall owners.

It's an interesting concept. If the malls own the retail companies, can they cut out enough levels of expense to keep the wheels moving for a few more years?
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