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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Kona who wrote (6454)10/31/2002 6:19:46 PM
From: Les HRead Replies (1) of 306849
 
Went to the Dulles Town Center mall, which is similar to the huge Tysons Corner mall here, for the first time in awhile. Probably 20 percent ore more of the storefronts appear to be shuttered, and one of its larger storefronts was a seasonal Halloween store which will be shuttered after its run thru the end of the year as a Christmas store. Either retail must be down the toilet here in Loudoun County or they're getting killed by the discount warehouse stores Costco, WalMart, and Sam's Club nearby. Normally, I don't see the shuttering of weak stores till after Christmas. This looks really bad for post-Xmas retail employment.
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