The Retail Apocalypse (major stores closing)

[Xolodno]

16. People should really stop blaming Amazon...

...At one time, Malls were just in large population centers...which meant, for some, it was a serious day trip to go to the Mall. And for others, even an overnight trip.

Then the shit happened.

A developer was looking for areas to build a new Mall, local communities get wind of that info and start offering;

1. No taxes.
2. Absorbing all the infrastructure costs.
3. Purchasing the land and "re-selling" it at a significant discount.

Why? Because Mall's "brought jobs".

Nevermind their Main Streets shriveled up afterwards.

And developers loved it, they had a tax free haven to stash their money....and make a bit of money off the rents. They knew in the end the Mall would fail, but the risk was all transferred to the city.

Amazon is exploiting their weakness via technology. It's why Walmart is now offering curbside delivery, they helped take down the "Mall" and even took over space in the "Mall". So, they know Amazon is a threat and dealing with it.

And with that said, "get a horse".