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  #601  
Old Posted May 1, 2016, 1:38 PM
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Quote:
Originally Posted by manny_santos View Post
Struggling malls tend to have these extra revenue streams - a way of getting patrons to pay for using the mall without increasing rents. Almost every dying mall contains one or more of the following:

- Kiddie rides
- Bank of gumball machines
- Arcade games such as the claw

They are all good ways to help strengthen cash flow for REITs.
You forgot the coin op Laz-E-Boy massage chairs. Around here, dead malls are senior centres.
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  #602  
Old Posted May 2, 2016, 1:06 AM
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Originally Posted by WhipperSnapper View Post
You forgot the coin op Laz-E-Boy massage chairs. Around here, dead malls are senior centres.
I didn't include those because I've seen those at some successful malls as well
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  #603  
Old Posted May 2, 2016, 1:56 AM
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Cobourg's Mall (Northumberland Mall) is dying. Hard to compete with the larger nearby malls in the GTA, Peterborough, Belleville. The loss of Zellers really hurt it, Dollarama took up some of that space but doesn't have an actual mall connection. Sears is rumored to be closing and SportChek wants to build in a new location. One bit of good news is that a few of stores relocated downtown.
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  #604  
Old Posted May 2, 2016, 2:02 AM
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Originally Posted by WhipperSnapper View Post
You forgot the coin op Laz-E-Boy massage chairs. Around here, dead malls are senior centres.
yup. they are clustered at one end of the nearly dead Westmount Mall (aka Westmount Shopping Centre) in London, adjacent to the shuttered Target.

filled with oldies doing their indoor walking tracks. The rest of the mall is practically deserted.
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  #605  
Old Posted May 3, 2016, 1:19 PM
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coming soon to a dead mall near you:

sankoamusements


shitter

And desperation advertising:

westmountmall (London)
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  #606  
Old Posted May 3, 2016, 10:55 PM
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Quote:
Originally Posted by manny_santos View Post
Almost every dying mall contains one or more of the following:

- Kiddie rides
- Bank of gumball machines
- Arcade games such as the claw

They are all good ways to help strengthen cash flow for REITs.
LOL. I nearly spat up my drink reading this nugget. Even if it's true, it's funny to imagine a financial statement where under Revenues they have "Krazy Krane.....$26.45"
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  #607  
Old Posted Apr 21, 2017, 4:28 PM
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London shopping centre named to 'incredibly desolate dead' mall list, fights back

Toronto Metro

http://www.metronews.ca/news/london/...ghts-back.html
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  #608  
Old Posted Apr 21, 2017, 4:31 PM
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Any word on the old Parkway Mall in Saint John, NB?


labelscar

http://www.labelscar.com/canada/parkway-mall
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  #609  
Old Posted Apr 21, 2017, 4:41 PM
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Quote:
Originally Posted by MolsonExport View Post
London shopping centre named to 'incredibly desolate dead' mall list, fights back

Toronto Metro

http://www.metronews.ca/news/london/...ghts-back.html
Lol at the article from 2014. So how did that whole Target thing work out for them?
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  #610  
Old Posted Apr 22, 2017, 1:57 PM
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Originally Posted by MolsonExport View Post
Any word on the old Parkway Mall in Saint John, NB?


labelscar

http://www.labelscar.com/canada/parkway-mall
not well. Everyone goes across the street to McAllister Place, the "real" mall in the city.

Saint John is a pretty small city, its only really big enough for one mall. Especially not two malls literally across the street from each other.

Parkway operates more like a strip plaza today. All the stores of note have direct access to the parking lot. I've never even been inside the internal hallway actually, despite having visited it multiple times.
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