TOareaFan
Superstar
Forget about transit and pedestrians. Even when people drive to mall, they can at least walk around from store to store after they have parked their car. People can't do that in a power centre. They almost always have to drive to each individual store in a power centre.
The death of malls has nothing to do with people disliking malls, or preference for urban retail. After all, power centres are the main competitor of malls, and power centres are way more anti-urban than malls. So if anything retail has become even more anti-urban the past 15 years.
The real reason malls are in decline is because of the death of department stores, i.e. the loss of anchor tenants of malls. Remember Eaton's? Malls are designed so that people walk in-between the department stores. With department stores or other anchor tenant, the mall has to be converted to a power centre (e.g. Meadowvale TC, South Common, etc.).
There is much truth in what you say. Trinity Common is the closest power centre to me and when I do shop there (rarely really) I make it a point to park sorta centrally and walk around (returning to put stuff in the trunk if I have to).....the looks you get as a pedestrian in those places (particulalry cause the sidewalks are rare and sometimes just end) are crazy. If you ever wanted to see a place where "cars rule over people" it is the big box mall.
I kinda disagree with the notion that it was the death of department stores that killed malls......in reality the department store business is still relatively healthy in America and Quebec yet big box retail still thrives in those places. I think, simply, it is cost. The common area costs that a retailer pays in addition to their rent in an enclosed mall is staggering.....in a big box centre they can get far more floor space for far less cost....so their margin increases. The thing the malls have to do is show that their mall concept/location will drive much higher sales per s.f. to offset those extra costs.....in too many cases, this is just not true.