The Death Of The Mall

A blog about business and economics.
Jan. 17 2012 5:59 PM

The Death Of The Mall

Steven Pearlstein has a very nice column about DC-area real estate trends that, among other things, notes the waning fortunes of traditional shopping mall operators: "The news that Bloomingdale’s will close its store at White Flint says less about the future of the department store or Rockville Pike than it does about enclosed malls. Shoppers no longer prefer them, retailers are abandoning them and developers are scrambling to tear them down or — as is the case of White Flint — turn them into suburban town centers. Even in a rejuvenated Georgetown, the once-elegant Georgetown Park mall sits mostly empty."

That all seems true to me, but as I note in a new column another factor is simply the long-awaited structural decline of brick-and-mortar retail in the face of competition from the convenience and sales tax avoidance of e-commerce.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

TODAY IN SLATE

History

The Self-Made Man

The story of America’s most pliable, pernicious, irrepressible myth.

The First Case of Ebola in America Has Been Diagnosed in Dallas

Does Your Child Have “Sluggish Cognitive Tempo”? Or Is That Just a Disorder Made Up to Scare You?

The Supreme Court, Throughout Its History, Has Been a Massive Disappointment

Why Indians in America Are Mad for India’s New Prime Minister

Damned Spot

Now Stare. Don’t Stop.

The perfect political wife’s loving gaze in campaign ads.

Building a Better Workplace

You Deserve a Pre-cation

The smartest job perk you’ve never heard of.

The GOP Senate Candidate in Iowa Doesn’t Want Voters to Know Just How Conservative She Really Is

Parents, Get Your Teenage Daughters the IUD

The XX Factor
Sept. 30 2014 12:34 PM Parents, Get Your Teenage Daughters the IUD
  News & Politics
Politics
Sept. 30 2014 5:19 PM Social Outcasts Republican candidates are retreating from debates on abortion, gay marriage, and contraception.
  Business
Building a Better Workplace
Sept. 30 2014 1:16 PM You Deserve a Pre-cation The smartest job perk you’ve never heard of.
  Life
Education
Sept. 30 2014 1:48 PM Thrashed Florida State’s new president is underqualified and mistrusted. But here’s how he can turn it around.
  Double X
The XX Factor
Sept. 30 2014 12:34 PM Parents, Get Your Teenage Daughters the IUD
  Slate Plus
Behind the Scenes
Sept. 30 2014 3:21 PM Meet Jordan Weissmann Five questions with Slate’s senior business and economics correspondent.
  Arts
Brow Beat
Sept. 30 2014 4:45 PM Steven Soderbergh Is Doing Some Next-Level Work on The Knick
  Technology
Future Tense
Sept. 30 2014 5:47 PM California Gov. Vetoes Bill Requiring Warrant for Police Surveillance Drones
  Health & Science
Bad Astronomy
Sept. 30 2014 7:30 AM What Lurks Beneath the Methane Lakes of Titan?
  Sports
Sports Nut
Sept. 30 2014 5:54 PM Goodbye, Tough Guy It’s time for Michigan to fire its toughness-obsessed coach, Brady Hoke.