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the rise and fall of American malls

Rose D'onofrio

Created on February 9, 2022

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Transcript

The rise and fall of American malls

1970's

1990's

2010's

1950's

1992 : Mega Mall Minnesota (aquarium, theme park, cinema…) 7 in the country

Expansion of suburbs Malls became larger this is 33% of all sales

2018: American Dream Mall = renewal

The 1st mall/ V.Gruen 1956"an indoor downtown" Social and economic boom Suburbs developped

1980's

2000's

2020's

1960's

Golden age of malls (1000/ year), the place to be : place of socializationAttractive place by TV shows and series

Less attractive, strong competition = beginning of the decline (Macy's stores closed)

"Dead malls", 1/4 will close due to online shopping and pandemic

Consequences of the economic boom4500 shopping malls are open (3 new/ day)

LOREM IPSUM DOLOR

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1990

2000

2010

2005

1995

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