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ytrewq

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Re: Mall of Monroe... will it survive?
« Reply #120 on: April 10, 2018, 05:18:34 PM »

Online retail is only about 10% of the market and a lot of the brick and mortar retailers have a piece of that.   Its just an excuse to cover up the fact that investors scooped them up, massively loaded them with debt, took the cash, and ran.

And it probably started with Kmart and other defunct 60's discount retailers.
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BigRedDog

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Re: Mall of Monroe... will it survive?
« Reply #121 on: April 17, 2018, 11:36:20 AM »

BonTon is down to the wire and the only serious bidders have been liquidator companies...

that is going to open up a lot more 'available' space at the mall.

http://buffalonews.com/2018/04/17/bon-ton-stores-will-likely-close-liquidate-all-stores/
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ytrewq

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Re: Mall of Monroe... will it survive?
« Reply #122 on: April 17, 2018, 09:11:16 PM »

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ytrewq

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Re: Mall of Monroe... will it survive?
« Reply #123 on: April 18, 2018, 09:49:56 AM »

Just heard FYE is closing too.   Kay is moving to a to-be-built building on Telegraph next to Walmart.    I have to believe the interior of the mall will be shutting down in pretty short order.   
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SidecarFlip

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Re: Mall of Monroe... will it survive?
« Reply #124 on: April 18, 2018, 09:56:39 AM »

People are generally stupid..  If you don't support any store by purchasing their goods, sooner or later they go tits up.  People whine about closings (A national past time, whining) but don't do anything to keep them in business.

Stupid is as stupid does to borrow a Forrest Gump line.
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blue2

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Re: Mall of Monroe... will it survive?
« Reply #125 on: April 18, 2018, 10:07:33 AM »

I guess I'm told old to order all my stuff on the net.  I do get some but for the most part i go to a store.
And when i need hardware stuff i go to lambertville hardware.  Yeah some things might cost a little more but i like the service and convenience it provides.
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ytrewq

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Re: Mall of Monroe... will it survive?
« Reply #126 on: April 18, 2018, 03:39:48 PM »

Lambertville is great.   Wish Monroe had something decent like that.   Ace on Dixe is great but the hours suck for working folk.   Ace on Stewart is condescending and usually you end up at Lowes to get everything you need anyway so why bother?
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SidecarFlip

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Re: Mall of Monroe... will it survive?
« Reply #127 on: April 18, 2018, 09:49:34 PM »

The Ace on Dixie is actually Baker Welding and I get my welding equipment and consumables from them.  It's a nice store.  I agree, the hours are a bit for a working stiff but it's more of an industry supplier than a homeowner shop.  Just like Fastenal and Parker by Magnum Force.  they all cater to the industrial buyer and small business owner..  Home Despot and Lowes are more about the homeowner and have the hours for that.
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BigRedDog

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Re: Mall of Monroe... will it survive?
« Reply #128 on: April 19, 2018, 12:20:49 PM »

Just watching the 13ABC Toledo noon news while we eat lunch. 

They were just discussing the BonTon related closings and some of the impact locally.  They also mentioned that so far 'retail space' closings are occurring at a record pace for 2018.  I'll watch their website later and see if they have a link to that anywhere.
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BigRedDog

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SidecarFlip

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Re: Mall of Monroe... will it survive?
« Reply #130 on: April 20, 2018, 08:04:20 AM »

I'd say the 'Mall' is getting closer and closer to the demolition ball.  Malls are out of fashion anyway.  The idea hatched in the late 50 and early 60's has run it's course.  Time to move on...
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ytrewq

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Re: Mall of Monroe... will it survive?
« Reply #131 on: April 20, 2018, 09:48:07 AM »

I have a feeling it will sit closed off for a long, long time.
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The Fuzz

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Re: Mall of Monroe... will it survive?
« Reply #132 on: April 20, 2018, 09:49:57 AM »

Yes......just like the old LZBOY building.
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Professor H

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Re: Mall of Monroe... will it survive?
« Reply #133 on: April 20, 2018, 12:18:44 PM »

Gee maybe that's where Harbor Freight will move into... 
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ytrewq

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Re: Mall of Monroe... will it survive?
« Reply #134 on: April 20, 2018, 01:01:45 PM »

Here's the current situation.

Carson's            Closing
Carson's Home Store      Closing
f.y.e.             Closing
Kay Jewelers         Moving
Bath Fitter            Unmanned Kiosk
Amazing Space         Vending Machines
Claw Kicker         Vending Machines
EcoATM            Vending Machine
MB&T ATM            Vending Machine
BAM!   
Bath & Body Works   
Brow Shapes   
Color   
Family & Friends Funland   
GNC   
Humane Society Thrift Store   
Little Green Apple Hallmark   
MasterCuts   
Mrs. Fields   
Pat Catan's   
Phoenix Theatres   
Planet Fitness   
Pretzelmaker   
Shoe Dept.   
Spencer's   
Taco Bell   
Wu Ji Acupressure & Reflexology   

I can't see what's left paying for security and utilities.   Planet Fitness, Phoenix, and Pat Catans could stay open with the interior of the mall closing, though they'd have to build a wall by the theaters.   Any of those other interior stores could probably move relatively quick to any number of open spots in various strip malls and probably do better business.   If they even wanted to stay in Monroe.   I expect the traditional mall chains on that list will close by the time Carsons closes.
« Last Edit: April 20, 2018, 01:03:41 PM by ytrewq »
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