re: What major U.S. company do you think will be out of business in ten years?

quote:

---

I think all major department stores will be done in ten years as well as all malls. Will basically be Walmart, for those less fortunate and online shopping. Look at what Black Friday has turned since covid. It’s to easy to order things online.

---

It is hard to imagine but shopping malls are resurging and doing so in a huge manner in some areas. Apparently Gen Z consumers are more ate up with going to the mall than Generation X was in the 70s and 80s. The large anchor stores are no longer viable but small stores and loads of entertainment options seem to bringing them back into vogue. I know we have one that does a BOOMING business. The 4 anchors stores have been turned into a trampoline park, an enlarged food court with a bunch of full service options and an event space that does a helluva business. Between the 4 anchors there is the normal small stores and food court. There are still 3 large anchors but one of those is a JC Penny so it will probably be some kind of entertainment venue in the not too distant future. They are currently expanding with a multiplex and a series of national chain restaurants like Olive Garden and OutBack. This trend is, apparently, nationwide...I ain't been to one since "The Goldmine" (if you know you know) was a thing but apparently folks like them some mall again...who knew???