In the US the retail industry is slowly atrophying, and there's proof: more and more shopping malls are closing. Dead shopping malls even have their own website.
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." The ABC recently created an article showing how the middle class in the US had shrunk. Shopping on-line of course has had a huge impact.
Really quite errie.
Shopping malls were in fact a US invention.
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