Ithaca in Recession: Shops closed at Ithaca Mall
I was just at the Ithaca Mall this weekend buying school supplies, and I noticed that in the span of a short year, almost a dozen shops had been shuttered, including famed Abercrombie and Fitch. Ithaca (formerly Pyramid) Mall appears to be downsizing at a faster rate than the already-tanking US economy. It’s hard for me to estimate how much has changed in the more than a year since I was last there, but I got an impression of sadness and decay:
A website Dead Malls has an entry (from 2004) for Pyramid Mall:
IN the late 90’s much change took place inside the walls of Pyramid Mall, due, for the most part, to the changing retail scene nationally, as well as regionally. All three of the original anchors of the mall closed, due to Chapter 11 (Ames, which bought out Hills, and Montgomery Ward), or mismanagement of the company (JC Penney). However, due to the mall’s location, the needs of big box stores to expand into the smaller markets, and the inability of developers in the Ithaca area to get any large scale power centers built, Pyramid was able to benefit.
| This entry was posted on Monday, August 24th, 2009 at 6:34 pm and is tagged with ithaca area, dead malls, abercrombie and fitch, pyramid mall, retail scene, jc penney, montgomery ward, downsizing, mismanagement, school supplies, chapter 11, anchors, recession, ames, sadness, decay, large scale, span, developers, economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback. |
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The abandoned appearance of the Ithaca Mall was one of the first things I noticed about it as a freshman this year. I figured that it has seen better days. There’s quite a bit of vacant space in Collegetown too.