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Audio and Video Talk
General Discussion
The final blow
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<blockquote data-quote="Rnwza" data-source="post: 1020537" data-attributes="member: 16219"><p>Malls are soon going to be facing a real challenge. Like many retail businesses, the margins are thin, and those behemoths suck a lot of ongoing capex to keep in shape. I would hazard that if 20-25% of the stores close (not in the least an unlikely scenario in this climate) then I think we?re go8 g to see failure of a bunch of the malls as well. Not a bad thing imo, as retail is overtraded in SA anyway...we have the second highest per capita mall space in the world!</p></blockquote><p></p>
[QUOTE="Rnwza, post: 1020537, member: 16219"] Malls are soon going to be facing a real challenge. Like many retail businesses, the margins are thin, and those behemoths suck a lot of ongoing capex to keep in shape. I would hazard that if 20-25% of the stores close (not in the least an unlikely scenario in this climate) then I think we?re go8 g to see failure of a bunch of the malls as well. Not a bad thing imo, as retail is overtraded in SA anyway...we have the second highest per capita mall space in the world! [/QUOTE]
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Audio and Video Talk
General Discussion
The final blow
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