...this evening, Mrs. Daily Sprawl and I went shopping without the kids for the evening. While browsing around Montgomery's newest "lifestyle center" mall, we were astonished to see 50% off sales all over the place. It was like the day after Christmas--1.5 months early!
Considering that this mall--EastChase--is considered the region's most desirable retail location it was strange to see Linens N Things and Harold's both holding "Going Out of Business Sales".
Worse still, while talking with a store manager at EastChase, I learned that at least three other tenants will be leaving by the end of the year.
Yeah, this is only anecdotal, but its still pretty compelling coming from a lifestyle center that is less than 6 years old.