Today thousands of empty suburban malls dot the American landscape. Describing decaying buildings and cracked asphalt parking lots, eulogy after eulogy arrives at the same conclusion: The mall is “dead.” (There’s even a website – DeadMalls.com – documenting the decline.)
But 8,000 miles away, another vision of the mall has taken hold – one that could well spell its future.
Hong Kong has more than 300 shopping centers, but most of the city’s malls don’t sit on asphalt parking lots; rather, they’re above subway stations or underneath skyscrapers. In my book “