Wednesday, November 19, 2008

Whose lifestyle is it anyway?

CNN/Money says we're supposed to call them Lifestyle Centers, not shopping malls.

You've probably got one in your community -- a collection of Pottery Barns and Banana Republics set upon tree-lined thoroughfares.

But as the economy tanks, the Lifestyle Center is feeling the crunch first. With Sharper Image, Lane Bryant, and Ann Taylor all closing down outlets, there's already empty storefronts by the wishing fountain.

It may be time get off your high horse, Lifestyle Center. Replace that Coldstone Creamery with an Orange Julius. Goodbye, Jos. A. Banks, hello, Spencer's Gifts.

Because let's face it: You're just a strip mall with better landscaping.

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