Largest Mall is Largest Flop


	Largest Mall is Largest Flop

route66

6-25-2008 9:59 PM

56 views

tags:

mall, flop, savers, consumers, largest

route66 says:

More info on Bloomberg.com:

http://tinyurl.com/4w3wxd

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/3a649717-11d4-4576-a37a-f1b62ac80feb/7094F584-328C-4566-8713-077D21C4D322/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.bloggingstocks.com/2008/06/23/the-worlds-largest-mall-is-the-worlds-largest-flop/" href="http://www.bloggingstocks.com/2008/06/23/the-worlds-largest-mall-is-the-worlds-largest-flop/" style="font-size: 11px;">www.bloggingstocks.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.bloggingstocks.com/2008/06/23/the-worlds-largest-mall-is-the-worlds-largest-flop/"><H2><SPAN id="ppt1233589">The world's largest mall is the world's largest flop</SPAN></H2><P class="byline">Posted Jun 23rd 2008 3:51PM by <A href="http://www.bloggingstocks.com/bloggers/zac-bissonnette">Zac Bissonnette</A><BR />Filed under: <A href="http://www.bloggingstocks.com/category/consumer-experience/">Consumer experience</A>, <A href="http://www.bloggingstocks.com/category/china/">China</A></P><DIV id="1233589" class="post"><DIV><IMG hspace="4" vspace="4" border="0" align="right" src="http://www.blogsmithmedia.com/www.bloggingstocks.com/media/2007/10/shopping_coach_240.jpg" alt="" />"Mall of misfortune" -- The title of the <A href="http://www.thenational.ae/article/20080612/REVIEW/206990272/1042">article in <EM>The National</EM></A> says it all.</DIV><BR /><DIV>It seemed like such a good idea: China's economy is growing at a frantic pace, and people have more disposable income than ever. Why not build the world's largest mall in the Pearl River Delta -- China's wealthiest region -- generate a ton of hype, and make millions? "Build it and they will come," right?</DIV><BR /><DIV>Wrong. The seven-million square foot South China Mall is a flop of historical significance. Imagine combining New Coke, The Ford Edsel and O-Town's second album in a blender, and then building a mall out of it. The mall opened in 2005 with space for 1,500 stores and is currently home to around 12. That's a <EM>vacancy rate of 99.2%</EM>.</DIV></DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7094F584-328C-4566-8713-077D21C4D322/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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