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Empty malls

There is a mall, not too far from here, that isn’t getting a lot of business anymore. It had 2 anchor stores, Boscov’s and Circuit City. Circuit City went out of business and with the economy being so bad there aren’t a lot of shoppers. Boscov’s has closed a lot of stores too.

There is a TGI Friday’s too but I don’t know how much business they get anymore. I went past that mall a few days ago and there weren’t a lot of cars in the parking lot.

Years ago Sears was the anchor store in that mall but they moved to a larger store in a bigger mall. This mall was always crowded and seemed to be the place to go for anything you needed. Now it’s beginning to look like a ghost town.

Retail going down the tubes?

Some retail companies are closing their doors. Recently Circuit City announced they are closing and are having a lot of sales to liquidate their merchandise. Boscovs has closed a lot of stores and laid off a lot more employees. Auto makers are laying off people too.

The economy is in a really bad way. We can only hope things get better and not worse in the future.