Have you noticed a decline in the traditional shopping mall? It seems these malls are giving way to outdoor centers, superstores, and of course, online retail outlets. Sure, the National Retail Federation projects a 4.1 percent increase in retail sales this year, but it forecasts as much as a 12 percent spike in online sales.
It isn't as if people aren't spending money. The International Council of Shopping Centers reported that in the fourth quarter of last year, U.S. shopping center income rose 5.6 percent from the same quarter the year prior. However, the council also noted that JCPenney and Macy's, two chains that traditionally anchored indoor malls, would close 33 and 5 stores, respectively, this year.
The shift in shopping trends has left buildings that were once bustling with storefronts and food courts desolate. The pictures of these vacated malls are interesting and perhaps a bit creepy as well .
Take the White Flint Mall in North Bethesda, Maryland, for example. It openedRead More »from Dead Mall in Maryland an Eerie Reminder of Bygone Era