Harringay, Haringey - So Good they Spelt it Twice!
Are Reports of the Death of the Shopping Mall Greatly Exaggerated?
The latest blog on "Inside Croydon" website is called: Could Dead Mall Syndrome be coming to a High Street Here?
According to the website, businesses and local residents are opposing yet another Mall development. Which intrigued me because it's what I've been hearing from one or two friends in the U.S. And I've wondered about the implications for London.
Tags for Forum Posts: Dead Mall Syndrome, Inside Croydon, retail trends, shopping mall
Replies to This Discussion
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Permalink Reply by Albert Ross on
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Hi Alan,
this is a really good piece on the subject. http://www.vice.com/en_uk/read/the-stratford-centre-is-thriving-in-...
I think Dead Mall Syndrome is already here with the popularity of the giant out of town supermarkets on the wane (thank goodness) but I think The (Wood Green) Mall is a bit of a different fish being right in the middle of a densely populated area with a thriving (albeit low value) commercial scene.
In terms of places like The Mall and the old Stratford Mall as discussed in the article I think there can be a very bright and interesting future but it would probably mean a re-purposing of the space. Who fancies our own Southbank Centre of North London then?!
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Permalink Reply by Alan Stanton on
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Thanks, James.
Plainly I need to update my knowledge of the 'other' older Stratford. Although I suspect that the HOLsters who loathed Wood Green in this thread may be less than delighted by the 'new' Old Stratford Mall.
It also occurs to me that malls filled with skateboarders doesn't do much for retailers' takings.
Personally I like Wood Green. And when I'm there, look at the myriad faces and think of it as World Town.
About conventional Malls, one U.S. friend told us that more people seem to want shopping places where there was fresh air and - yes - even that little tent of blue which shoppers call the sky.
I've also been looking at stuff online which discusses overbuilding, and over-optimistic forecasts by retailers leading to companies borrowing on an unrealistic basis. Which reminds me of Ponzi schemes which work only as long as more investors pile in. And can quickly go into reverse.
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Permalink Reply by pamish on
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Cross-refer toTescos closing 43 mostly small shops soon, and giving up on a load of planned big out-of-town Superstores.
I was in the Stratford thing last Saturday (dont ask) and it was heaving, but that was because it was 50% off everything if you believed the posters.
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