Wall Street Journal please pin this comment

that's the plan baby .

Capitalism at its finest

@Bryan Dubon walmart is preparing for Amazon . Walmart bought Flipkart (India's biggest online retail ) for $16 Billion for 77% stake valued at $22 Billion. I am sure Walmart is preparing for Amazzon .

Retail Archeology should address this topic... he has cool dead mall videos... dan bell too...

JerseyMark and now my day is ruined.

Ive watched the videos where people explore abandoned malls they even say the cost to buy them is very low for the size

Yep but in the same time the malls would sell for even sell if Amazon wasn't buying them up. Reconverting those unused structures into close proximity warehouses ain't stupid.

Free it is definitely not. Low cost? Yes. If the abandoned mall space hadn't been sold to Amazon, it definitely would've been sold to someone else, eventually. For the reasons given in the video, for the right customer, these properties are a potential goldmine.

@Rob Shinn like amazon with rail lines

WALL-E was a satire of the big box stores. It was more a commentary on Walmart than Amazon. Amazon is hardly a big box store

Super Cool all those grammar errors and you’re trying to school someone on “business” Amazon is doing what a business is meant to do. Make money Its called capitalism. And amazon does it right by having competitive prices.

Mr. Collier Buy N Large is your superstore; We've got all you need and so much more; Happiness is what we sell; that's why everyone loves BnL!

Very true. Amazon isn’t just an e-commerce giant. If you scroll all the way down Amazon.com website, you’ll see everything they own.

@@bellumsemper2654 Amazon have the same predatory practices as big box stores

What do you mean by that?🤔

rob temple he thinks they don’t get paid enough

Orwellian Big Brother?!?!

They will only employ robots in the future

@@silkebacher8366 Unfortunately... That actually seems to be true. That's pretty much where we're heading if Amazon keeps on automating more of their fulfillment centers, and eventually, very few "working-class" people will run the floor. And the only ones that will get paid are the white-collar "Jeffrey Bezos"-types (and maybe some technicians just to maintain the robots in these fulfillment centers) while the rest of us get fired, and lose our jobs to these robots, because of it!

Inderjit Singh Like apple and their headquarters (mind my spelling)

solar panels kill birds

Solar only makes sense in California where you get suns 365 days a year.

@@lain11644 yep

@@ZidaneSteiner thermal solar kills birds, not photovoltaic solar.

4. Faster delivery. "Move more quickly"

VirtueOfTheLessBrilliant TLDW*

@ L.

thanks for repeating exactly what the video said. how original

They rebuild it

@@lauej just to remove all those retail space and escalators they don't need

@@juch3 Cheaper to tear it down a design a building that works for what you're doing rather than retrofit another layout.

They could make worker barracks inside the building to save on costs.

@@hephaestus511 slave barracks....and a whipping post by the escalators

If only Netflix DVD had one day shipping like few years ago. I cancelled yesterday

@@williamsaunders8047 you used Netflix for hard copy dvd's?

@@Jagerleaf Sure for nearly 15 years, now just stream. The hard DVD's have 10 times more selection than streaming. DVD's will be gone in 5-8 years and Netflix is trying to get rights moved from DVD's to streaming

I live almost exatly in between Euclid and North Randall. Many items I click on Amazon tell me I can go pick them up later that same day. Sure, they aren't delivered, but I can get them in a few hours

@@maxfnmloans You must live near a distribution center. The closest distribution center to me is Alabama because streaming is doing FAR better than mailing DVDs in my area. If you are smart, you will STOP paying for DVDs from Netflix. A week turn around for one DVD that use to be two days is not good business.

Don't be sad stop purchasing at Amazon and get up and shop. You'll also get some exercise by walking in a Mall. If you don't shop at Amazon you can go to the mall and keep it alive

@@rupenshah1534 and pay more? NO thanks.

They didn't break up Bell just because "big companies are evil". They broke it up because it was a monopoly. (Unfortunately, they broke it up in a way that made no logical sense.) Amazon is not a monopoly, nor is it even close to being one. It's just a big company. That's not illegal.

No different than Walmart! They come in kill off mom and pop shops and then we're stuck with CHINESE JUNK! PROGRESS? GIVE ME BACK MY COUNTRY AND THE BETTER OLD DAYS!

albert reed What was better about paying more for a smaller variety of products and enabling people to skate-by as cashiers and store clerks their entire working lives instead of investing in themselves and building more valuable soft-skills?

albert reed this is progress alright old man deal with it

Playing? They've won. Just wait until they've sucked up the majority of brick and mortar shops then boost prices.

@@tomcotter4299 So now we're demonizing teenagers with part-time jobs to praise Amazon? Give me a break.

Isn't that always how it goes?

Nah they're just American to the core. Consider the malls as natives and Amazon as settlers, then it will be a lot clearer.

Amazon did not make malls fail. Retail simply failed to keep pace with consumer demand. Amazon stepped up to the plate. Now other retailers are trying to figure out how to compete in this new landscape. Amazon forced retailers to innovate. Malls were on their way out before Amazon hit the scene and retailers ignored this fact.

Malls aren’t dying but rather are evolving to give consumers a more modern and luxurious experience

eldangeroso68 Right Amazon is becoming a brick and mortar store that it was trying to make obsolete. Though you can order online which the old ones didn’t have.

Hope some Amazon guy looks into it. Great ideas btw.

Maybe Moms should think this through before having a child they cant support on a high school education.

@@UncleFjester Maybe "dads" should get a vasectomy 'cause moms' access to aborting an unplanned pregnancy is seriously under threat.

Chris yes he did 😂😂😂

Chris Good ears, he did said “shit”

no F

lol, yep he did. good ears

When I say shift at work it often comes out that way

yep, gathering data from everyone, then kicking out better-selling items from third parties with their own stuff. Your business with amazon can end in one day literally. Hope it will be taken apart in the coming years.

Yet we have many fools praising them, yes we will have cheaper items but we won’t have money to buy them anyway.

Vishal Gaurav ha ya I had the exact same thought when he said that.... sad :/

Cancer is something that out-competes its own host for resources, growing into the very spaces occupied by its own life support system, with nothing to stop its greater capacity for growth, until continued existence of both the host and the cancer feeding from it are no longer viable. The host has already lost the battle, as the cancer is able to out-compete the host for resources, so when the host is a human, help usually has to come externally, such as chemo, radiation, or the surgical scalpel. As Amazon is increasingly a global player, it's hard to see what this equivalent would be, so immuno-therapy looks to be necessary - a process by which systems capable of deploying an effective eradication are taught to recognise the cancer as a threat to their own existence, at which point, they do what they do best. Jimmy Carter's remarkable recovery is an example of how well this can work. There is little evidence yet of anything near sufficient here though, it's hard to find reason to suggest an optimistic prognosis, it's far more late-stage than previous examples like with Standard Oil, it's metastasised all over the planet.

@@niktus1 Not sure your products can just be kicked out. A lot of people are making money on Amazon by buying stuff from Alibaba and reselling for higher. Anyone can join and they do offer an entire platform for you to easily join the market, which classic retailers would not have done as markets require rent and whatnot.

What's that bothering you? Could I know?

Smart entrepreneurs will capitalize on that sadness, one day shopping in a real store with the goods in your hand and personalized service will be the novelty.

@@theazrael4423 it's going to be a cycle

Amster Phangui - answer? see the comment that follows yours. 1) Customer Service Is replaced by phone mazes “press 1 for English; press 2 for Violin music, press 3 to get transferred to someone else endlessly....” 2) the only jobs that will be: Amazon fulfillment centers, or gas stations, Waiting tables, or teaching today’s children In America’s ridiculously Underfunded schools. Good luck with any of those - yikes

Use your words!

Cardboard and plastic

Compared to the land being vacant ... Hmmmmmmmmm 🤔

I agree with the other dude, I'd rather have some one in the space than let it empty, so it'll just grow old and dumpy. Ya know?

It will generate Tax revenue from the income taxes of the employees working there, also property taxes depending on whether or not the local government. However Amazon as a whole won't pay income tax as a corporation.

Maybe its time to dump income based taxation and move to wholly consumption based?

MrCauseEffect flat tax, equal 8-12 percent Rate for every person regardless of income

Ya, your right. It's more about brand identity. People just don't identify with products as much anymore.

Malls in the Seattle area are killing it, but they're "premium outlets"

Wall-mart killed the mall, Amazon is just picking over the corpse.

Amazon isn't just retail though.

Returns on Amazon aren't as free as you stated, I purchased a air filter the other day, to ship it back it will be like 8 bucks. I paid $16.00 for the filter. I'm better off giving it away to someone for free.

The rent didn't substantially increase, sales went down as a direct result of the rise of online marketplaces like Amazon.

Aleksandr Lol. Skyrocketing rents thanks to exploding property taxes in Democrat states were a major factor in killing malls. Online was also a major factor. Both squeezed malls into collapse.

@@Frost517 Property taxes have hardly affected malls at all. The other factor which substantially influenced the "fall of malls" is the 2008 financial crisis. Trying to pin it on your opposing political party is ridiculous; someone could easily make arguments pinning it on Republicans. I'm not trying to defend malls, they're not exactly a great cultural phenomena. Their downfall is expected after the increased commonality of the internet. Amazon is becoming a monopoly, though, and that isn't good for anyone who isn't an executive there.

property tax ain't rent tho

@@francistran432 property taxes are based on the worth of the property. Rent then goes up and down based on that. Rent is also tied to the area the property is in (how desired it is), in many cases it is tied to the success of the business in the space, etc.

That's weird. Do you buy stuff on-line?

Does it matter?

@@HunterShows its not strange.. i've never bought anything from amozon.. and very rarely buy online.. too many things.. but too bad mostly

And my 6 stocks of Amazon go up with it

You'll be lucky if Amazon doesn't eat you.

Yanging

Its called vicious capitalism. Dog Eat Dog World. However the pip-squeaks at WSJ still wont say it. Same thing was done by Wall Mart which has left hundreds of american towns and thousands of families devastated and impoverished and disenfranchised. How else is Jeff Bezos so rich ? By mooching millions of people legally. Pathetic this roll down of capitalist entertainment using a sombre voice, background muzak and haunted warehouses.

colonel 100 that makes no sense that’s not how a tax break works

Put down that can of beer

I used to love euclid mall in 1980s even worked right there in Red lobster in 1991. lol the good ole dayz

Flower Doyle cemeteries

They were originally intended to be closed ecosysems of living and commerce, but when they actually got built, the apartment half of the equation was shoved out, probably because retail space brings in more money than residencial.

More things change, more things stay the same

Despite all my ragie, i am still wagie in cagie

ya, at least malls paid tax, amazon paid zero federal tax. Yang2020! All your questions answered, in detail, with References! www.yang2020.com/what-is-freedom-dividend-faq/

#capitalism

It's only 8 to 10 ten hours a day. Get over it. With that attitude you are gonna have problems. I worked an average of 12 hours a day. And retired young. Good luck!

they employ thousands of people who guess what? Pay Taxes.

So true thanks to Trumps depreciation in the tax code. How the scam works is EMPLOEES pay the taxes. Stop shopping at Amazon Period. Th a brick and mortar retail sector had all the living wage jobs. After the fiasco in Alabama nobody should EVER work or shop at Amason ever again. Remember Euclid avenue. It used to have millionaires; now it has crackheads.

LOL

Who care. Let them compete with each other.. And we reap the benefit

@@benalmahsyur392 Amazon doesn't have any real competition. Walmart doesn't offer you what Amazon offers. And Wal-Mart is a super store on the ground and Amazon is an online super store that you cant compete with. Plus Wal-Mart will eventually close down. They've invest all their money into physical stores and that's not future proof. You can't compare the two. Totally different approach to serve customers.

@BingBong Boopledoop lol

@@alexmayer8943 LOL! Walmart is not going out of business. XD They are still profitable and are sitting on $Billions right now. They also have a market cap of $292 billion dollars. They are also larger than any other retailer on Earth outside of Amazon. And Walmart is not investing heavily on physical stores. That couldn't be further from the truth. They have doubled down in fact in the digital online space. They have even closed stores and reopened them as distribution centers.

You didn't even watch the video or even use common sense in that comment .

@@IntelTV oh yeah, I'm sorry we should believe everything that comes out of their mouth. And yes in the future these are all going to be distribution hubs. How else are you going to get same-day delivery if you're not within distance.

@@jasonc8307 I live in Columbus and have been to Amazon's new hub in CVG, they are service and distribution hubs, in order for drones to even be CONSIDERED they would need approval from the federal gov, state gov, the people and the FAA. Drones we're a test solely in Australia. No drone platforms are planned for years to come, and that's obvious if you follow their stocks.

"All your base are belong to us!"

@@IntelTV you might want to keep up with today's news. The FAA just granted Amazon drone flights and same-day delivery. They're going to need all these hubs.

Amazon has been building new buildings instead of using the malls

i just dont pay taxes

Not only did they pay taxes to the state (211million to US states, 724million outside the US), the breaks they took were from R&D expenditures, losses in recent years, and stock option pay outs to employees that have them (they can deduct total payout amount to options holders from their taxes). Essentially, if they give employees a ton of stock options and the stock goes up and they then cash out... all of that is cut out of the tax bill. So they will actually ping-pong from paying and 'not paying.'

CharlieSheen's AIDS taxes are theft

Alair Scott It’s not. It’s the price you agreed to pay as a citizen of a country’s society. If you don’t pay taxes, then you’re not welcome to reap the benefits provided by society. Your choice.

CharlieSheen's AIDS u you ❤️

Deep Verma . That’s a lie

@@ericmendez5815 You're about 20 years to late.

You think?

Part of the reason malls die. Malls have to have a zone that shops there, if another mall gets too close or misses on its target consumer, it's dead.

@@jeffreyhueseman7061 Malls are dying regardless of whether or not new malls are moving in. People are going online.

@chief tp You know what I mean. Fought

Yeahhh....but Amazon isn't a store. And Whole Foods hardly compares to Wal Mart's market.

I heard that before but i don't know from where

@@calisthenicschicken8812 Its a crucial term among marketing people. Location is number one in any business

Clash of clans reference?

nOrMiE

@@jibrankhantareen7300 @CalisthenicsChicken my pops told me.

💯💯💯🎯🙏🏿

Amazon is building a space station to shoot for the moon, you think a rail station is rocket science ??? 🤷🏾‍♂️😁

@@tonyirimu Well kind of the point of the article is they're buying cheap mall spaces. I imagine it'd be expensive to build a station (especially with regulations/getting the right permits). But I'd be super impressed if they did it (Also I don't think the space stuff is Amazon, it's Bezos' other company)

Amazon - Bezos, same difference. You think getting permits would be their biggest headache ? Its a cargo stop not a passenger station. They are Amazon, they will get the station & huge tax breaks on top. (The city might pay for it too...👌)

I would think about it in terms of bartering. Money simplifies this. Therefore, if human labor is not valuable anymore, they have no reason to trade with them, they themselves can create what they need.

I wonder if that will also cause deflation. Fewer buyers should mean lower prices.

The globalists are planning on a communist dictatorship. You will be assigned products that they allow you to have. All of your rights will be gone.

If all jobs are erased by automation, everything we need is created automatically. Therefore no human needs to get paid in the supply chain. Therefore everything costs zero and we get everything for free.

Universal basic income see Presidential Candidate Andrew Yang for more info

All hail our new overlords, Amazon!

It will never be that big

Just North American.. they still such the rest of the world..

#Target hasn't been there yet?

Target is also cheaper. I've also seen same goods at the dollar store being sold for $5 and more on Amazon.

Yeah but Amazon is for stuff that you can't buy at your local store like one particular book or a specific machine or somesuch

Chris Klugh Because people consume things. They always have, always will.

@@Rich-lp3ue But now we consume for sport. Our Planet could not keep up with our consumption 100 years ago. We got exponentially much better at it since.

Chris Klugh meh

No. The government should buy some of these dead malls to produce solar panels, hiring thousands, then sell to Americans at a discount. I'd rather my tax dollars go there than another unnecessary m8d eastern war.

@@Joseph1NJ I see your point and still believe that wacky inflatable arm flailing tube men are a better idea.

@@Live-Life-Freely lol

Yeah, but there is EXCELLENT highway access. So, even if this was a DC to serve other population centers, it wouldn't be a bad investment. Electric power is very inexpensive and Ohio is now a right-to-work state. So, it has a lot going for it despite the fact that yeah, both Cleveland and Akron have gone to the dogs and only the suburbs matter from a retail standpoint.

Not just Ohio, there is a whole KZfaq series on Dead Malls in America. I lived near a dead mall on the west side of Orlando. Currently government services are leasing the space. My point is there are hundreds if not thousands of Prime (pun intended) locations Amazon could use.

@@jmcnally647 Is that like lighting your house on fire, then buying it for dirt cheap after?

abcdLeeXY that’s pretty brilliant if you ask me.

Are you stupid they are not profitable yet? legally you don't pay any taxes if your not making a profit. That one of many benefits of a corporation.

Need a lil tegrity

"Slightly" lol

Hairline Everything was abandonded way before then

Middle class if working 40 a week at Amazon

That's the plan. And your family too.

Paza-shai 66 also your virginity and soul too

@@JamButter123 😂🤣😂🤣

already bought and your life is as a slave