Ghostbox

Ghostbox

A ghostbox is a term for an empty building that formerly housed a big-box store. [http://www.uwex.edu/CES/cced/downtowns/ltb/lets/0503ltb.html Note: citation for this entire Wikipedia article] Reasons for the cause of ghostboxes range from a store closing due to poor sales, to a big-box retailer needing more space to accommodate a new format. Another cause is when companies downsize, forcing them to reduce the number of stores, or liquidate.

Wal-Mart is one retailer which has produced ghostboxes due to closing stores and moving them to larger locations. With the adaptation of their "superstore" concept, once the superstores are built, the older, smaller stores are often abandoned. Some of them are eventually sold to developers for other uses, including new stores.

See also

*Dead mall

References


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