Case Study - Malls of America - a Vanishing Behemoth
Malls used to be THE gathering place. You could shop, dine, go to the movies - even ride a roller coaster (at Mall of America) - now they are sitting vacant and decaying. What happened?
Was it online shopping (why go shopping when you can order merchandise to come to YOU)?
Myspace and Facebook (why leave the comfort of your couch to meet-up with friends)?
Were the retailers responsible for bringing traffic to the mall? Or the mall responsible for bringing traffic to the retailers?
Examine these and other weighty questions that focus on:
- Finance
- Competition
- Risk
- Forecasting
Download the handout here and put it to use in your next leadership meeting or workshop.
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UPDATE: As of the end of the first quarter of 2019, six-thousand retail locations were set to (or already had) closed in America - more than in ALL of 2018.
Case Study: Teavana - wrong market? wrong time? wrong selling strategy?
In 2017 Starbucks announced it was closing all of its US based Teavana(R) retail locations (close to 400). It sounds like a product / brand in trouble - but is it? Read and discuss our Case Study look at Teavana which addresses numerous business factors such as #strategy, #risk, #socialtrends and more.