Small Investor Chronicles™

18 February 2008

Shopping Mall Recession

Yours Truly visited a shopping mall yesterday. It's been awhile since I have been there, two months at least. It was eerie. The mall was half-empty. I am not just talking about customers, who were few and far in between. No - it was the stores, or rather, boarded-up store locations. I cannot recall seeing that many in all my years here. I mean, Haagen-Daz was gone! Whether economists will call this an official "recession" is a moot point.As far as this mall's operator is concerned, the recession is here.

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