Haunting photos of America's dead shopping malls

The Awesome Reinvention of America's Abandoned Malls


The retail industry is slowly devolving into its death, and there's proof: more and more shopping malls are closing.

The malls are primarily those that are not high-end or low-end.

Earlier this year, D.J. Busch, senior analyst at Green Street Advisers, said to the New York Times, "It is very much a haves and have-nots situation."

"Middle-level stores in middle-level malls are going to be extinct because they don't make sense," Howard Davidowitz, chairman of Davidowitz & Associates, Inc., a retail consulting and investment banking firm, said last year.

The White Flint Mall in Bethesda, Maryland opened in 1977.


It closed early this year. In February, only Lord & Taylor remained.

Source: The Gazette


The upscale mall was home to stores like Bloomingdale's and I. Magnin. Even Elizabeth Taylor was reported to appear at a department store at the mall.



See the rest of the story at Business Insider

More from AOL.com:

This is the greatest Taco Bell in the world
The 7 cheap and trendy retailers you've never heard of that are blowing up online
The 'secret' reason why you can always smell a Cinnabon

Read Full Story