A- Absolute Victory
Minimum vacancy rate of 95%. All anchors are in excellent or decent standing financially and are filled, or are undergoing construction to accommodate a new one. Possible one anchor with financial issues that manages to hang on for real estate purposes. The mall serves as a regional shopping destination. Surrounding retail (if any) is filled or mostly filled.
B- Better Be On the Lookout
Vacancy rate of 80% - 94%. At least two anchors in larger malls are decent standing financially. Possible one or two anchors with financial issues or one empty anchor space. Other anchors are filled and in decent standing financially. Surrounding retail (if any) is mostly filled.
C- Complicated
Vacancy rate of 50% - 79%. At least one anchor is empty, but ideally would have two or more empty anchor spaces. Anchor spaces can range from decent financially to likely to have one or two anchors with financial issues. Possible one anchor in decent financial status manages to continue due to great sales or since owning the store. Surrounding retail (if any) may have empty storefronts. This category is the most unique of all five due to various factors that are unique to each mall.
D- Dead & Dying
Vacancy rate of 1% - 49%. For smaller malls, at least one of two anchors are empty. For larger malls, at least two anchors are empty. Remaining anchor spaces likely to have one or two anchors with financial issues. Possible one anchor in decent financial status manages to continue due to great sales or since owning the store. Surrounding retail (if any) is likely to either be already empty or may have empty storefronts.
F- Failed
Mall itself has either less than five stores or is entirely closed down to the public. Possible that one or two anchors may remain. Surrounding retail (if any) is likely to either be already empty, may have empty storefronts or simply may have been repurposed.
EC (Extra Credit)-
A mall that has managed to make a comeback from a failed status to either attract a new purpose or reopen its doors. This category is given the name extra credit do the extra steps that were taken to get a shopping complex back up and running either as something else entirely or a "new" shopping plaza that manages to have some of the old mall structure in tact. The catch is the that mall building itself WAS NOT entirely torn down to make room for something new. Surrounding retail (if any) is likely to have either been repurposed or unchanged from before the mall closed its doors.
If I missed a mall below, that is likely due to the fact I've never heard of it. Obviously then, such mall would automatically get an F, unless it manages to fit into the Extra Credit category.
Another thing to note this is not a final grade list, as an anchor leaves a mall it can lead to a free fall effect on the stores inside the mall. The more stores close, the lower of a grade a mall gets.
PA Malls:
- A
- Millcreek Mall
- Viewmont Mall
- B
- Clarion Mall
- Downtown Meadville Mall
- Dubois Mall
- Laurel Mall
- Nittany Mall
- Wyoming Valley Mall
- C
- Clearfield Mall
- Cranberry Mall
- Mall at Steamtown
- D
- Lycoming Mall
- Shenango Valley Mall
- Susquehanna Valley Mall
- F
- Columbia Mall
- Harborcreek Mall
- Meadville Mall
- Warren Mall
- EC
- Bradford Mall
- Pittston Mall
- West Side Mall
NY Malls:
- A
- Destiny USA
- Eastview Mall
- Fashion Outlets of Niagara Falls
- The Mall at Greece Ridge
- Walden Galleria
- B
- Chautauqua Mall
- Marketplace Mall
- Salmon Run Mall
- The Shops at Ithaca Mall
- C
- Arnot Mall
- Boulevard Mall
- Eastern Hills Mall
- McKinley Mall
- Oakdale Mall
- Olean Center Mall
- Triphammer Marketplace
- D
- Finger Lakes Mall
- Great Northern Mall
- Main Place Mall
- Shoppingtown Mall
- F
- Batavia City Center Mall
- Irondequoit Mall
- Pyramid Mall (Geneva)
- Thruway Mall
- Tri-County Mall
- University Mall (Binghamton)
- EC
- Cortlandville Mall
- Camillus Mall
- Fairmount Fair Mall
- Fayetteville Mall
- Midtown Plaza Mall
- Rainbow Mall
- Penn-Can Mall / Driver's Village
Do you agree with my assessment of the malls? If not, I'd love to hear why in the comments below.
