Friday, November 28, 2008

This is both funny, and not-funny -- having watched a mall die while living in West Virginia, and now watching Indian Mound Mall go on life support (some vital signs, but a few extremities and internal organs shutting down), you see how a downtown can go into hibernation and come back, but a mall is like a shark.

If it stops moving through the waters of commerce, it dies, from the head down, and the rot isn't pretty.

What are some new business models for a mall? Churches in the former anchor store spaces? Remodeling into senior housing on one end? I'm not kidding -- they need some ideas beyond the newest tchochkey outlet . . . unless Les Wexner figures out how to make us all believe we need another overpriced personal care product in 43 varieties to stave off bankruptcy: "Follicles, Defoliation, and Finance" might do it.

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