The Daily Mall Reader: Shopping Malls Grow With Suburbs
A daily dose of mall-related reading...
(Excerpt) The enormous growth of the U.S. population has meant vast new markets in everything from baby carriages to washing machines and wrist watches. Will every retailer cash in on the bonanza? Not at all. The reason is that since 1940, almost half of the 28 million national population increase has taken place in residential suburban areas, anywhere from ten to 40 miles away from traditional big-city shopping centers. Thus, to win the new customers' dollars, merchants will have to follow the flight to the suburbs.In the ten years from 1940 to 1950, St. Louis' suburbs grew 48% while the city itself added only 6% to its population. In the same period, Philadelphia's suburbs expanded twice as fast, Boston's eight times as fast, as their already-crowded metropolitan districts. The numbers tell only part of the story. Suburbia offers not only more new customers but better customers.
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Labels: '50s, 1954, Daily Mall Reader, Suburbia
















