Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
The low to middle end department store is dead and has been for a long time. Come to think of it, the high end department store is dead too.
Orland Square Mall opened 40 years ago with a Jacques Penné, Sears, Carsons, and Marshall Fields. 3 of those 4 anchors are now gone. Miraculously, there were recently able to replace the Carsons with a Von Maur.
I’m old enough to remember when they opened another mall across the street from Orland Square. For years, the mall remained largely vacant, absent 2 baseball card/coin shops. Think it was built w/ 80’s S&L money.
https://malls.fandom.com/wiki/Orland_Park_Place
I honestly didn’t know they were still in business. Is Kmart still in business? I wouldn’t know that either.
Is anyone surprised? Does anyone care other than Penny employees?