Barton Creek Mall Black Friday
That’s the message of a portion from Austin general public radio station KUT on Tuesday, which asked the question “what the results are If Barton Creek Mall Closes?” Highland Mall, which opened in 1971, shut its doorways in April after a lengthy amount of decline. The sprawling complex now houses an Austin Community university campus. It is Barton Creek Square (the mall’s official name), house to big retail names like Nordstrom and Apple, safe from such a fate?
This will depend on multiple aspects, in accordance with the radio place. There are vacant stores in the retail nexus on Capital of Tx Highway, and two of the anchor shops — Sears and JC Penney — have experienced better monetary days at business amount, relating to KUT. Also, malls nationwide are seeing a decline in appeal, many thanks partly compared to that pesky shopping destination called the world-wide-web.
KUT asked business personal bankruptcy attorney Chuck Tatelbaun towards impacts regarding shopping mall of every future emporium bust:
“If Sears were to shut at Barton Creek, that would leave a large vacancy, which in turn causes the landlord difficulty, that causes other tenants dilemmas, because there is less traffic.”
One potential choice to stem a decline at a mall is purse high-end retail anchors, based on KUT.
The quick response to the first concern: If everyone can predict the future, they should be buying lotto tickets instead of speculating from the future of department stores.
To see what a shopping mall’s ghost seems like, Austinites had a need to take a look at Airport Boulevard final month. From Aug. 27-29, ACC presented a surplus purchase of Highland Mall memorabilia in the old men’s Dillard’s area. Anybody who stopped by the previous shopping mall that Saturday will have seen all bones on show — light accessories, shelving units, posters featuring smiling young ones modeling somewhat out-of-fashion clothing, meals court trashcans on sale for $5, Christmas time accessories, the entire nine yards. I, for example, will keep my souvenir Highland Mall lunchsack (costing $1 within surplus sale) as a portent of possible futures.