American Decades
Shopping Malls
The Largest in the Country.
During the decade retailers discovered that while America's cities were growing, their stores were not necessarily gaining new customers. Cities expanded mostly outward, away from their traditional downtown shopping and business districts. Rex Allison, the manager of a Bon Marche department store in Seattle, Washington, used an aerial photographic map in 1946 to determine that a suburban branch of the store would be within twelve minutes' driving time from 275,000 Seattle consumers who spent $500 million yearly. Allison proposed to Allied Stores Corporation, the owner of Bon Marche, that the company build a shopping mall, with Bon Marche as its cornerstone. In May 1950 Seattle's Northgate Mall, at the time the largest in the country, opened for business.
The Appeal of the Malls.
Across the country retailers were making similar decisions. The new malls had obvious appeal for both...
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1950's Business and the Economy
- Overview
-
Topics in the News
- Advertising in the 1950s
- The AFL-CIO
- Air Travel in the 1950s
- Alcoa, Aluminum, and the End of a Monopoly
- Bank of America Leads a Financial Expansion
- Big vs. Small Businesses
- Creating the Computer
- Credit, Inflation, and Price Controls
- Energy
- Farming in the 1950s
- Housing in the 1950s
- Labor in the 1950s
- The Merger Wave
- The Military-Industrial Complex
- The National Highway Act and the Auto Industry
- The Railroad and its Decline
- Shopping Malls
- The Stock Market and Investment Trends
- The Sun Belt
- The Television Industry
- The Turbulent Teamsters
- Headline Makers
- People in the News
- Deaths
- Publications
- Important Events in Business and the Economy, 1950–1959
