How “Mallmageddon” Revealed a Troubled Market

By Rob Morgan Shopping malls have been part of the American way of life for many decades now. But unfortunately, many seem to be withering on the vine these days.
I live in Lancaster County, Pennsylvania, and we seemed immune to this “Mallmageddon,” as it’s been termed, until about 18 months ago when one of the four anchor stores in our regional mall closed, followed by another about six months ago.
We’re lucky, though – replacements for those storefronts have already been announced. Meanwhile, 30 minutes away in York, Pennsylvania, half the stores are shuttered in the regional mall.
It has been announced that a mini-casino …read more

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