Thanks to the bum economy, not many people are hitting the malls these days.
This social role, Legaspi believes, may prove critical to the future of the malls in America as well.
Where does that leave the malls, the solo small fry, and the second-tier specialists?
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So put down the smartphone, get off the computer, stay away from the malls and do something different.
Rogoff thinks they'll be more inclined to bank it or pay down debt than head to the malls.
You have to avoid the airports, the train stations, the malls, the stores, the media and the multiplexes.
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The stock market is only reflecting the malls' impressive operating performance and valuation.
Clearly, the convenience of e-commerce continues to pull more time-crunched consumers away from the malls and other physical destinations.
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Movie theaters, and the malls in which they are located, are an ideal place for infectious diseases to spread.
There have been statewide agreements that they won't have enough security in the malls to feel totally comfortable this year.
This year, on the Saturday after Thanksgiving, a lot of people decided to skip the malls and shop on Main Street.
For all the consumers who have not started shopping I advise you to venture out into the malls or the Internet.
"The value of properties surrounding the malls always increases whenever we put up a new SM mall, " said Henry Sy Jr. recently.
Starwood Capital has hired brokerage Eastdil Secured to help it line up mortgages to put on three of the malls, these people say.
On the streets and in the malls, if wealth is indeed power, then the Qataris have some serious biceps with which to flex their shopping bags.
Unlike in the Philippines, where the malls are anchored by their own branded retailers, the Sys are teaming up with big-name retailers like Wal-Mart.
Thus, with Ireland out of the way and shoppers hitting the malls with abandon, one might have expected to see stocks rise on Monday.
"The malls are epicenters of activity and entertainment, from indoor ice skating and downhill skiing to aquariums, and of course, the high-end luxury shops, " Anderson said.
My first online buying spree has taught me that shopping at home in your pajamas can be as exhausting as elbowing your way around the malls.
Considering the difficulties in the market right now as credit contracts and long term joblessness persists as a huge problem, consumers are at least creeping back to the malls.
Rouse, which is buying seven of the malls, will become America's second-largest mall owner (Simon DeBartolo Group is the biggest) and Westfield, which is buying 13, will become the third-largest.
Oddly, given the effort that goes into the hairstyles, many of the Emirati men hanging out in the malls on a recent weekend professed to find the whole thing a turnoff.
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The lesson that town centres have learned, he says, is that they have to ape the management techniques of the malls, with local councils and traders collaborating to provide what people want.
For many, Memorial Day 2012 will be filled with picnics with family and friends, outdoors games, and hunting for the best sales at the malls, discount stores and big box retailers.
The pick of the malls, however, is Villaggio, a Venetian-themed shopping extravaganza located next to the purpose-built sports area Aspire Zone, also known as Doha Sports City, and an excessive altar to everything Italian.
The malls that Starwood Capital aims to buy have annual sales that are at or only slightly higher than the industry average for large, enclosed U.S. malls, according to people familiar with the matter.
Now the family is transforming the land surrounding the malls into high-tech office centers and fancy condominiums, the hope being that people will pay a premium to work and live near an SM mall.
Unlike in the Philippines, where the malls are anchored by their own branded retailers, the Sys are teaming up with big-name retailers like Wal-Mart (nyse: WMT - news - people ).
As the nation's retailers look ahead to bagging profit in the final weeks of the year, Jacques Stambouli is looking forward to people marching back to the malls with ill-fitting clothes, duplicate DVDs and unfashionable watches.
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