To put it simply, the American retail icon Sears has had by all metrics a terrible decade. Their last profitable year was 2010. The store count has nearly vanished and the below chart from Business Insider is shocking, but not too surprising to see. They also spun off or sold their most valuable assets, the … Continue reading Sears at Christmas in 2019
We begin our series on fleeting retail where we will explore the transition of American commerce from places like malls to largely either online sales, discount retailers, or high end shopping. The middle American mall is fading and Credit Suisse estimated in 2017 that 20-25% of American malls will close by 2022. Columbia Mall, Bloomsburg, … Continue reading Dead Malls: Columbia Mall / Columbia Colonnade, Bloomsburg, Pennsylvania
