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re: Express filing Chapter 11 bankruptcy
Posted on 4/22/24 at 11:30 am to BilbeauTBaggins
Posted on 4/22/24 at 11:30 am to BilbeauTBaggins
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 on 4/22/24 at 11:33 am to RolltidePA
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 on 4/22/24 at 11:48 am to RolltidePA
quote: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.
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.
Posted on 4/22/24 at 12:45 pm to RolltidePA
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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