The decades-old Jasper Mall was once a bustling shopping hub for the residents of Walker and surrounding counties; however, since two of its three anchor stores closed in 2017, both the north and south ends of the mall have remained dark. The mall was the subject of a recent documentary film.
What happened Jasper Mall?
The store closed its doors permanently on July 31. Belk is the only anchor left in the mall. On January 24, 2020, Jasper Mall, a documentary feature film billed as a year in the life of a dying shopping mall, its patrons, and its tenants premiered at Slamdance Film Festival.
Who is the security guy in Jasper Mall?
A particular standout is mall security guard/former zookeeper, Mike McClelland whose accent seems to change every time he’s interviewed. Mike takes his job seriously and won’t give up on the mall, frequently remarking on its more successful years.
Where was the Jasper Mall?
Jasper Mall is a 2020 documentary film directed by Bradford Thomason and Brett Whitcomb. It revolves around the Jasper Mall, a dying mall in Jasper, Alabama.
Is the Jasper Mall Guy Australian?
Jasper Mall is a documentary that showcases a year in the life of a mall on the brink of closure. … Much of the narrative unfolds through the eyes of Mike, a former Australian zookeeper who serves as the security guard/caretaker for the mall in rural Alabama.
Who owns Jasper Mall in Jasper Alabama?
Are malls dying?
And yet, they’re dying. A 2017 report by Credit Suisse predicted that 1 in 4 malls would close by 2022. … Mall death is self-evidently symbolic.
What happened to shopping malls?
Most malls took a hit during last year’s pandemic shutdowns and have struggled to attract customers back to the great indoors. A slew of bankruptcies, including J.C. Penney and Brooks Brothers, fueled closures. And healthy retailers decided to shutter their least-profitable stores, causing another exodus.
When was the Jasper Mall documentary filmed?
A meditative, sensitive, and bemused portrait of a dying mall in Alabama that was filmed in 2018.
Does Jasper TX have a mall?
If you are looking for great deals on the items you love, come down to Jasper Mall and check out the great values our merchants are offering. It’s the warmth of a community that keeps us wanting to do more to make your shopping experience special.
Who owns Kohan retail investment group?
Erica Bullock. The 1 million-square-foot shopping center is about 80% occupied. The 1 million-square-foot shopping center is about 80% occupied. Kohan Retail Investment Group, a Great Neck, New York-based company, has purchased NorthTown Mall, on Spokane’s North Side, says the company CEO Mike Kohan.
What happen to Kmart?
On August 29, 2019, the massive closure of 77 Kmart stores was announced, with the stores being closed by December 15, 2019. This was the first mass-closing post-bankruptcy for the brand since being bought by ESL. According to the announcement, there would be 115 locations remaining by December 2019.
Will malls make a comeback?
Shopping malls — the nostalgia-filled symbol of American consumerism — are on the upswing and could see even more improvement in 2022, according to experts.
Why are there so many abandoned malls?
The number of dead malls has increased significantly because the economic health of malls across the United States has been in decline, with high vacancy rates in many of these malls.
When was the last mall built?
For the American mall mogul, the reality is clear: rethink what it means to be a mall, or die. The last new enclosed mall was built in 2006; 2007 marked the first time since the 1950s that a new mall wasn’t built in the United States.
How many malls are still open in the United States?
There are still about 1,000 malls operating in the U.S. today, according to commercial real estate services firm Green Street Advisors. A large majority of those malls are classified as so-called B- C- and D-rated malls, meaning they bring in fewer sales per square foot than an A mall.
What is the biggest mall in the USA?
With seven major department stores and more than 450 stores, boutiques and restaurants, King of Prussia Mall is the largest retail space in the U.S. and the largest shopping mall on the East Coast. The mall’s 2.9 million square feet of retail space welcomes around 20 million visitors a year.
How many empty malls are in America?
In 2017, a report by Credit Suisse estimated that a quarter of the 1,211 malls dotting the American landscape would also. It’s a nationwide issue, and Lawless’ book shows the effects in every part of the country, from Los Angeles to Birmingham, Alabama.
How many Sears are left 2021?
Today there are only 21 full-line Sears stores left in the mainland United States, and two more in Puerto Rico, according to the store locator on the Sears website, once recent closings are eliminated.
Who currently owns target?
Target is not owned by Walmart as of 2022. Instead, it is owned by the Target Corporation which was previously known as the Dayton-Hudson Corporation until 2000. Under this (now popular) new name, the Corporation runs 1900+ discount and mass retail stores across all 50 U.S. states.
Are there any Kmart stores still open in the United States?
AVENEL, N.J. — On a busy stretch of Route 35 near Rahway, one of the nation’s last Kmart stores looks like a relic from the past. Its big red K is faded and cracked.
Why are so many stores closing?
As of May 2020, the rash of bankruptcies and store closings is expected to greatly intensify due to the financial impact of the COVID-19 pandemic. J. Crew, Neiman Marcus, Stage Stores, JCPenney, and Tuesday Morning were among the first major retailers to file for bankruptcy during the pandemic.
What is trending in retail stores?
- Selling online is non-negotiable.
- Omnichannel tools are creating more meaningful shopping experiences.
- Automated technology is helping retailers manage the labor shortage.
- Same-day delivery is giving retailers a clear advantage.
How many malls are in America?
In 2017, there were approximately 116,000 shopping malls spread across the United States. Back in 1970, there were only 30,000 shopping malls in the United States.
Do malls make money?
Like any commercial property, shopping centers make money from two sources, lease income and sales proceeds. … So, the combination of regular lease income and profits upon sale is how a shopping center makes money.
When did malls become popular in the US?
Malls began springing up in every American suburb, along with large shopping-center-mall hybrids and everything in between. By 1960, just four years after Gruen’s first mall, there were 4,500 large shopping complexes in the United States, which averages to at least three new shopping centers opening every day.
Is retail a dying industry?
More than 12,200 major retail chain store locations permanently closed in 2020 alone, translating to 159 million square feet of emptied retail space. … By April 2021, the number of open small businesses decreased by 33.6 percent compared to January 2020.