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tdeck

08/02/19 9:19 AM

#258 RE: JohnSamuel #257

Yeah the suburban malls time is ending the only ones that will make it are the ones in areas with dense $$ populations, the past 2 eyars there has been a shit to outlets as you say and the big $$ malls in major cities the rest are going to wither and die, big boz stores dying Sears, JCP adding to that, they re large hunks of rental income to mall owners, IMHO malls will be going and where they are will become housing in the long run.

One in Philly just got redone lately, many undergoing big makeovers.

https://billypenn.com/2019/07/30/fashion-district-philadelphia-everything-thatll-be-open-at-launch-of-the-former-gallery-mall/

tdeck

08/02/19 9:22 AM

#259 RE: JohnSamuel #257

And rid themselves of some inventory need to cull down $30 mil or so IMHO, adds cash as well, much needed cash and draws new customers to website, make all online like a separate entity (clearance section) just focusing on 1-3 year old inventory.