without walkable cities, malls become the walkable city
@thekingofsas94076 сағат бұрын
I don't know whether to laugh or cry about it. It is really really stupid.
@richardperez1095 сағат бұрын
Doesn’t that perfectly summarize the destruction of genuine culture caused by car dependency. Destroy any sense of local, community centred commerce and instead shepherd people in their cars from far and wide to massive indoor commercialized spaces owned by corporations peddling brands. Truly depressing.
@minimalistvlogger34674 сағат бұрын
@@richardperez109 well to be fair, in some places, you kind of need that, like in the south east and southwest where its blazing hot 7 months of the year, too hot to pleasantly walk. and in the northeast and midwest where its below freezing half the year...I guess they have their place
@skyak44933 сағат бұрын
@@richardperez109 Well, aren’t you just full of judgemental woke blame. Are we supposed to be honored that you took time away from complaining about urban housing “crisis” to crap on people living their best afordable alternative?
@skyak44933 сағат бұрын
That was the imputus for malls back in the 70’s. Today, walkable cities are pricing themselves out of business. The taxes and regulations are just too high, and the woke idea to tolerate crime destroys the luxury biz that could afford the rent.
@marierocher44226 сағат бұрын
That’s how Malls like in East Asia for several years now. It has everything, while meeting friends and families. There’s even a church, gyms. etc. It’s like creating a miniature city within a city, where people doesn’t need to go out. The three biggest Malls in World are in the Philippines.
@lukekibbles6 сағат бұрын
yeah i watch some IRL streamers in Asia and all of their malls are miles ahead of anything you'd see in the western world. Like there's actual stores instead of empty for lease spaces.. Plus like u mentioned they seem to include everything. Property developers over there seem to actually know what they're doing unlike in USA. If I had a say i'd start turning unused malls into living spaces and u could even keep a few stores to gain the business of living residents
@lars28946 сағат бұрын
To add, unlike America, the mallsin Asia are actually affordable relative to people's median disposable income. In my country the dining court next to a fancy movie theater in the mall costs $4 a meal on average. That's cheaper than our street food.
@lukekibbles6 сағат бұрын
@ yeah inflation is ridiculous in the US. Even in some parts of Europe it’s terrible like beyond “tourist prices”. Nobody should be paying 6-7 euros/dollars for a coffee but yet here we are
@santostv.3 сағат бұрын
Same in my European country at a smaller scale.
@TrevorWebb-ck2yv50 секунд бұрын
Malls in Asia and their layout are very efficient. In North America, they have to accommodate for their f a t a s s es.
@ImAllFact6 сағат бұрын
CNBC really got people named Ryan BAKER and James COOK tell us about restaurants.
@pstwr5 сағат бұрын
Next up, Rachel Black and Melissa White will be discussing equality in our education system...
@ElbowJumper4 сағат бұрын
I’ve seen a mall transform to survive and adapt to the desires of the modern consumer. Annapolis Mall (in Annapolis, Maryland, United States) has a gym, public library, and animal shelter. There’s a focus on bringing quality restaurants there as well. All the big department stores are gone. It is drastically different from the mall I knew as a kid.
@santostv.3 сағат бұрын
Malls and banking two things the usa is behind. In my European country the last floor is always restaurants usually fast food, buffets and mid level restaurants with sit down space,then clothes stores ,first floor has always a super/hypermarket,in my city one we have headdres,gym,arcade, coffee shop in every floor,tech stores,pet stores,furnish stores,pharmacy,knick knack stores,shoe stores,sports stores,travel agency, telecommunications,kids adventure park,jewelry stores,lingerie stores,kids toys,cinema ect
@bnwo6 сағат бұрын
Another mall video... how much are they paying you, CNBC?
@k.g.12594 сағат бұрын
Exactly ~ Last week's show was "How Gen Z Is Reviving U.S. Shopping Malls" and this week there's no mention of Gen Z's ?!
@bdegrds3 минут бұрын
@@k.g.1259gen z's spend their parents money because they refuse to work, so they contribute nothing
@ldk85 сағат бұрын
American Dream is ironically the most “Asian” like mall in America. Malls represent the city
@FayDougall3 сағат бұрын
I use to go to this one mall that eventually shut down it's food court to make space for a sporting goods store . It turned into a ghost town .The shops that have street accessibility are doing well. The shops and movie theatre inside are quiet .My hair dresser moved out of there 10 years ago and the space has been empty since . People like a place where they can meet for a coffee , shop and grab a bite to eat and , maybe shop some more.I walked through there 2 months ago and it was a creepy unsettling vibe.
@greatlife2763Сағат бұрын
In the Philippines, this has been the case for four decades now.
@lybnychavez69533 сағат бұрын
Basically malls need to diversify their spaces. It can’t only be retail and fast food. Some are even doing real estate within the malls. The traditional brick and mortar option is also more expensive to start up so dying malls are a great option since they already have most of the initial cost of investment ready to go
@babyface57482 сағат бұрын
Different experiences in general, not just shopping or dining. As a parent, if one mall has a good children’s indoor playground, I’m more likely to go there than somewhere else. Especially during the rainy season and blazing summer months.
@donlee.43085 сағат бұрын
America should take notes on how malls gets run in Asia.. specially on Philippines, Indonesia, Singapore , China and Japan.
@infini.tesimo4 сағат бұрын
Restaurants aren't enough of a reason to go to a mall at least for me, especially shopping because it's way easier to get stuff online. The only time I go to the mall if at all is because there's a particular movie theatre there playing a show that you cannot see at other places. In most cases, I don't have to go to the mall for that. What I will say is a malls are becoming something new to the Gen Z and Gen A crowds in that they are the most efficient social group I've seen to date where they plan to be together but they don't want to go far, that's where malls come in. And if that is the trend only the major cities will see upgrades and work put into their malls to be even bigger and better so they can do everything in one spot for an experience that's offline.
@terrelmoss1444Сағат бұрын
It would be in the best interest of Malls if they converted to Entertainment Centers that contain Restaurants, Bowling, Movie Theaters & Live Show Venues as these industries are discretionary and they could benefit from each other for their survival
@AzureRook2 сағат бұрын
I don't think it's the restaurants as much as it is the grocery stores that keep people coming to my local mall, plenty of restaurants have come and gone since I was a teenager, but the 3 grocery stores and more Asian based shops reinvigorated the mall's popularity
@Coppolious6 сағат бұрын
Another Mall video from CNBC. It’s either sponsored, or you guys need a different hobby 😊
@jtstacey836 сағат бұрын
My mall has added restaurants and a gym, and it is the busiest it's been in a long time. Funny enough, if you think about it, these changes are in line with what the mall was supposed to be about, and that was a community center. Add in apartments on a second or third floor and it would be what the original creator envisioned.
@rosstocherСағат бұрын
Like Carlin said, Americans love shopin & eatin
@sarabeth80502 сағат бұрын
So the US is finally catching up to other parts of the world. Go to any country in Asia and half of the mall is food. Supermarket, take out, and food courts in the lower level, mid-level restaurants at the mid level and fine dining at the top floors. They've been this way for the last fifty years.
@edgarvissoni6 сағат бұрын
7:31 “Not every malo goer is looking for a fine dining experience” *Pans to a black person* 😂😂
@onetwo12onetwo5265 сағат бұрын
I unfortunately caught that and I'm sure it's just an accident or unintentional
@pstwr5 сағат бұрын
@@onetwo12onetwo526 total coincidence... same with the lady at 7:49 for the higher end experience
@pstwr5 сағат бұрын
what about the ladies at 8:10 ? 🧐
@travelandeats85182 сағат бұрын
In Barbados free liquor samples in the grocery store. All you can drink liquor samples
@skizztrizz445343 минут бұрын
I keep procrastinating and that mall is about 8 miles from me 🤦🏾♂️🤣
@MilanSuere6 сағат бұрын
I don’t know if it’s my european sensibility, but to me the idea of eating in a mall is insane. What a drab setting
@dan71634 сағат бұрын
Beats the hell out of being outside in any America city.
@skyak44933 сағат бұрын
There is a word for that “european sensibility” -snobbery. The Malls are where high priced euro luxury brands have their stores. Why wouldn’t their patrons have a place to dine when they shop?
@amirfuadh27 минут бұрын
In Malaysia and other Southeast Asian countries, restaurants (even fine dining ones) have been a feature of malls for decades. So this not something new at all for us here in Southeast Asia.
@success_over_everything7606 сағат бұрын
At this point you guys are just making things up.
@icemoneycooks52992 сағат бұрын
They should have grocery stores in the mall too.
@rockyr29916 сағат бұрын
Now im interested in how malls used to be in the US.😂😂 I thought this has been the norm with all malls everywhere😅
@caiomiranda5387Сағат бұрын
Hi Sir, Why is New Jersey still have gas station attendant?
@WackoWambo4 сағат бұрын
Eataly is the greatest
@harryquijano3774Сағат бұрын
Heres the thing, most malls in the Philippines has goverment offices and they are taking advantage on it
@lokesh3031016 сағат бұрын
To get with the Leisure Activity in the Malls.
@eddieg6436Сағат бұрын
Bored, rich people eat at high end malls now. Ladies who lunch, business lunches, retired rich. Buy a $5,000 Chanel handbag, show it off over a pretentious caviar, champagne lunch to your friends. ……..Calabasas Commons has Porto Via. 🤷🏼♂️🤷🏼♂️🤷🏼♂️
@antoniobortoni2 сағат бұрын
We are social species and love social status, increase, so its like fantasy but not, stupid people are separate from intelligent people and what separate them is the wealth gap, is ok, all people want to be in the most expensive and exclusive place but that lots of people can see them and that are the mall for the rich.
@edyann6 сағат бұрын
Because people there are living in malls and they need to eat. That's why.
@erronmusk6 сағат бұрын
😂😂😂😂
@edyann6 сағат бұрын
Am I wrong, though? That's what they said on another video. That the young generation is living in malls.
@edyann6 сағат бұрын
@@erronmusk I wasn't trying to be mean.. that's what they said on another video.
@stavrobalot2792Сағат бұрын
I think they are following the Philippines malls
@kauigirl80846 минут бұрын
Only high end malls are thriving. Influencers influence others to buy luxury. I do go to malls but I never eat there.
@auro19866 сағат бұрын
why? they can eat and shop at same place
@ibnbattuta13046 сағат бұрын
Might as well have apartments in malls.
@onetwo12onetwo5265 сағат бұрын
For whatever reason I don't like it🤷
@nickocampo4003Сағат бұрын
Feels advertorial esque . Let’s turn them into affordable housing?
@randombypasser5 сағат бұрын
You go to a mall to have fun, buy stuff. Who's going to spend $600 on fine dining at a mall? You pay that $600 for the environment, the experience. You're not going to get that at a mall. This fad will be over in less than three years.
@SavanaT5 сағат бұрын
Malls in the USA are mostly 3rd world quality.... 3rd world countries actually have better malls than America....
@hrkristoffer5 сағат бұрын
Only thing to do at mall is nothing lol
@richardhuang11945 сағат бұрын
Copied idea from Asian malls
@eddieg6436Сағат бұрын
……there are still malls?!?! 🤷🏼♂️🤷🏼♂️🤷🏼♂️
@timharris16753 сағат бұрын
Only old people gonto the mall. Everybody else shops online