All the Ways Retail's Decline Could Hurt American Towns
Springfield, OHIO—The Upper Valley Mall here used to be a place that drew in shoppers. Now it looks like a fortress designed to keep them out. The concrete façade of the empty department store looms large at one end, the letters that once spelled “JC Penney” removed but their outline still present. A recently shuttered movie theater anchors the mall’s middle, its dark glass foreboding. And at the other end, an MC Sports store is draped in garish yellow and red signs that read “STORE CLOSING” and “EVERYTHING MUST GO.”
Inside the mall, the majority of the stores are empty, their gates locked. Only a few bother to put up “for lease” signs. In the past few years, this mall has lost JC Penney, Macy’s, American Eagle, Christopher & Banks, Rue21, Deb Shops, Vanity, and Kays, to name a
