Today the largest mall in the state announced it was closed until further notice. The Galleria in Birmingham did say that restaurants with outside entrances would remain open for take-out orders.
Like Florence, the Galleria has some tenants with one foot in the retail grave and the other on a Coronavirus covered banana peel. The difference is that the Galleria has enough thriving businesses to wait out this ordeal. We do not believe the Florence Mall has.
Make no mistake, the coffin nail hammer is hitting more than just the Florence Mall. Most of our readers have seen the latest Quad-Cities-Cuisine:
A source has told us that a crew has been taking inventory and photographs in the two local Logan's. That doesn't seem to jive with only a 60 day closing, but it does speak of a plan to auction off assets.
In Sheffield, a well-placed source tells us that it's been almost three weeks since any work was done on "Phase II" of Inspiration Landing. The cessation of work occurred well before most local or national closings; however, the current health crisis will give John Elkington a face-saving way out of what many have always felt was a total debacle.
No comments:
Post a Comment