It was about five years ago that the Thanksgiving shopping trend began to metastasize throughout the retail business: opening times on Black Friday crept back from the wee hours of Black Friday morning to the late hours of Thanksgiving. Malls joined big-box stores, and Thanksgiving Day was fun for a few years. Then a widespread backlash began, and retailers took advantage of that. [More]
Fabletics is an athleticwear company for women that sells nice workout wear outfits for about $50. They operate on a subscription model: every month, you’ll get billed for a subscription unless you log in and decide not to buy anything that month. It’s like Columbia House for yoga pants. Yet the company is doing something sort of unexpected for a retailer that uses this business model: they’re opening a seventh real-life store, with the new one at the Mall of America in Minnesota. [More]
The company that operates the mammoth Mall of America in Minnesota and the larger West Edmonton Mall in Canada are looking to erect an outsized shopping destination in warmer climes with a new proposal to build a combination mall and amusement park in the Miami area. [More]
Even as mall staples like RadioShack and Sbarro find themselves shutting down stores, and malls elsewhere across the land are rendered useless by online shopping, the Mall of America is planning on expanding in the next 10 years. So how is this megamall surviving in the midst of mall meltdown? [More]
When you see dollar bills floating toward your clutching hands from the sky, like some a question directed upward that is now answered with cash, what’s your first feeling? Joy, unremitting and excited, “I can’t believe this is happening!” joy? Yes, well, at the Mall of America in Minnesota, the person responsible for making it rain money recently was cited by cops instead of hugged. [More]
Does the Mall of America in Bloomington, Minnesota need to get bigger? It’s only the biggest mall in the country, so of course it does! The mall just broke ground on a $250 million addition that adds 50 stores, an atrium, an office tower, a luxury hotel, and a massive and fancy “food hall” to replace the current food court. The owners ultimately plan $2.5 billion in additions in the coming decade, adding one new thing per year. [More]
The New York Times says there are about 1,500 malls in the US and many of them are in trouble. They’re being converted to office buildings or closing their doors for good. And yet, Minnesota’s Mall of America is allegedly doing fine.
Best Buy is tired of their logo, so they’re testing a new one on those local guinea pigs at the Mall of America in Bloomington, MN. (Best Buy is headquartered in Minnesota, land of lutefisk, Garrison Keillor and Target.)
The Mall of America, once the largest mall in the USA, and already chock full of retail with its 520 stores, will be doubling in size, in an effort to reclaim the title.