In this classic show recorded live on January 5, 2017 at San Francisco’s Castro Theatre, Josh and Chuck delve into the history and the heyday of the church of consumerism and what it means for local communities and our capitalist society at large when malls die.See omnystudio.com/listener for privacy information.
Listen to personal finance podcast hosts discuss practical money topics like buying versus renting while on the road in San Francisco.
The Mall podcast discusses the history and evolution of shopping malls, including Trajan's Market built in 107 AD.
The first modern enclosed shopping center was the 1828 Westminster Arcade, although it didn't have an arcade and looked more like a Greek revival building.
Victor Gruen, the designer of the first shopping mall, is credited with revolutionizing the shopping experience by introducing the concept of an indoor shopping center. Interestingly, shopping malls were also equipped with jails for detained shoppers who are caught stealing or breaking mall rules.
Northgate Mall found a solution for getting customers to visit their smaller department stores located between larger ones by placing them in between two, making it more convenient for people to visit several stores in one location.
Victor Gruen, an Austrian immigrant and self-taught architect, designed the Southdale Mall in Minnesota, the first indoor mall featuring low balconies, goldfish ponds, and 10 acres of stores under one roof. The grand opening attracted 75,000 people and garnered attention from multiple national publications.
Two friends discuss practical money topics and share personal stories, tools, books and people who have influenced their financial journeys to help their listeners achieve financial success. Listen on various platforms including iHeartRadio and Apple Podcasts.
This episode talks about how malls used to be a place where people spent hours as a family outing and how it's different from what it is now.
In this episode, the guest recalls his teenage years spent hanging out at the mall, including his fascination with Victoria's Secret, and how he would scope out the lingerie section without being caught. He humorously refers to himself as a "mall rat".
The speaker reminisces about the good old days when arcade games cost only a few tokens on Wednesdays and talks about other nostalgic aspects of the past, such as the rebranding of The Gap and mall pet stores.
Malls have grown in popularity and size to the point of absurdity, with roller coasters and huge parking lots, not just in the US but also in Canada.
A man recalls an interview where the interviewer assumed he would be critical of malls, and reflects on how we may one day view current times with nostalgia. He also describes "country fair face" as the expression people have while enjoying ice cream at fairs.
A man's expectation of malls as public meeting spaces with intellectual pursuits was not met as he encountered a different reality. Despite encountering flashy stores, there was no dynamic environment that he was hoping for.
The idea of the shopping mall was to keep people in one place to shop and to provide them with a comfortable and social environment. The father of the shopping mall, Victor Gruen, even spoke about this concept before his death in 1978 in London.
Jay Shetty's On Purpose podcast explores how our brains process experiences through answering unique questions and sharing stories from inspiring individuals.
The American mall has been declining since 2007, when people shifted their spending to stores like Target and Walmart instead of department stores, resulting in a decrease in mall traffic and new mall construction.
The government allows tax deductions for shopping malls and buildings, allowing for a portion of the value to be deducted every year. Amazon.com opened a brick and mortar store to help with online sales, indicating that malls may continue to be profitable.
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.
The podcast discusses the idea that with the death of the mall culture, there is hope for a new and better way of rebuilding a more important part of civic life that isn't the mall.
This transcript includes advertisements/promotions for "The Man Who Walked Caves" podcast and "On Purpose with Jay Shetty" podcast.