Chapter
The Rise and Fall of Malls
1:05:13 - 1:10:14 (05:01)
The building of malls in the United States was largely driven by tax incentives, and as a result, many malls were built even in areas where there was no true need for them. Now, with the rise of online shopping, many malls are struggling to survive.
Clips
A look into the financial situation of a real estate company named Crater Corp back in 1961, which reportedly made about 10 million dollars overall that year.
1:05:13 - 1:06:12 (00:59)
Summary
A look into the financial situation of a real estate company named Crater Corp back in 1961, which reportedly made about 10 million dollars overall that year.
ChapterThe Rise and Fall of Malls
EpisodeSelects: Live From San Francisco: How Malls Work
PodcastStuff You Should Know
The appeal of malls goes beyond retail - they provide immense value as entertainment hubs, tax write-offs and investment opportunities.
1:06:12 - 1:09:12 (02:59)
Summary
The appeal of malls goes beyond retail - they provide immense value as entertainment hubs, tax write-offs and investment opportunities. This explains why so many malls were built in the US and why they continue to be built despite ongoing shifts in retail trends.
ChapterThe Rise and Fall of Malls
EpisodeSelects: Live From San Francisco: How Malls Work
PodcastStuff You Should Know
Learn about the lavish opening of Randall Park Mall in 1975, which included champagne, pounds of food, and the world's largest cup of lemonade filled with sea monkeys.
1:09:12 - 1:10:14 (01:02)
Summary
Learn about the lavish opening of Randall Park Mall in 1975, which included champagne, pounds of food, and the world's largest cup of lemonade filled with sea monkeys.