This might have been true 10-15 years ago but malls have been on the decline for some time and online shopping has most of them at brink.
Nah, around here they are building strip malls left and right, our local population is about the same as 1980 but we have probably 5x more retail locations.
Indoor malls are at the brink because
1. Stores entered from the outdoors pay 1/3 of the property tax as indoor malls (on average)
2. There are government backed loans for strip malls that developers commonly walk away from if they don’t get the tenants they want.
3. There is far too much retail and restaurants in general for the population and income levels, government backed loans have encouraged uneccesary building of hotels and retail space that no one needs or uses leading to inevitable decay and foreclosure
4. Semi traffic is subsidized by the government, trains are not, make the semi pay for the resources they use and amazon Prime will fail overnight since bulk single delivery locations are much less affected than individual packaging services by gas cost.
And honestly, Amazons business model only works below about $4.50 a gallon (if that) even with the subsidies.
Make indoor malls cheaper and strip malls more expensive tax wise and guess what will happen?
Our tax structure decides what business works, simple math.
Further look what sun capital did to Shopko (Which was vibrant growing and profitable)
They bought it for $800,000,000 members of sun capital sat on both boards, they decided Shopko needed to take an $800,000,000 loan after purchasing to pay reimburse themselves then continued to have Shopko take loans to pay their annual pay, this made even a very profitable store become unprofitable and then eventually after Sun capital paid itself more there was no money for creditors vendors or operations .
If a normal person were to do this it’s considered a federal crime of usurpery which carries a very heavy set of penalties and prison
Personally the members of sun capital should have all assets removed and liquidated including cars, houses, etc to pay Shopkos various interests then they should be executed since their greed damaged the lives of about 10,000 people. (And ruined dozens of businesses already)
Might set an example so special interests might think 5 seconds instead of just stealing money under a blanket of another company name, ah yeah Shopko did that because I make their decisions but belong to another company