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Cake day: July 4th, 2023

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  • Such an interesting perspective, thanks for your contribution! I guess our ‘shopping centres’ are essentially the first condition you’ve described that also have grocery stores attached, and it’s likely the grocery store (in Australia this basically means one of 3-4 companies) that are keeping these structures going in the modern age. Our shopping centres tend to be built ‘up’ rather than ‘out’, with 3-5 storey shopping centres (with up to 7 storey parking lots) being fairly common within city limits that are closely accessible to more than 50% of the population.

    That being said though, I live fairly equidistant between two of the largest shopping centres in Sydney and still choose to go to my local, smaller, single-storey shopping centre which is very small by Australian standards (<40 stores) which feels much more like a ‘mall’.

    Do you guys have a lot of standalone grocery stores that you can drive right up to, park, shop and leave? Because that’s definitely the minority here!




  • Speaking from an outside perspective; malls (what we call shopping centres) in Australia didn’t die anywhere near what has happened in the US. We have a very different geographic landscape (hyper-concentration of population in city centres) and definitely don’t have the same level of penetration that companies like Amazon do, but we have shared a lot of the same economic headwinds that the US has. From my armchair perspective, this would generally suggest that it’s less to do with economic position and more to do with idiosyncrasies of the US, but I have absolutely no data to back that up.