Decline
The first sign of decline came in 1979 when the 1,000,000-square-foot (93,000 m2) plus Fiesta Mall opened in Mesa with four major department stores. During the 1980s and 1990s, Scottsdale Fashion Square, which is only three miles to the north of the Los Arcos site, went through several expansions and renovations and began to serve as Scottsdale's regional mall. While several retailers had locations at both malls, such as Sam Goody, Express, and Structure, retailers began to open their stores more and more at Scottsdale Fashion Square. In 1995, when Federated Department Stores purchased The Broadway, most stores were converted to Macy's. However, the Los Arcos location became a clearance store for a short time and then closed.
In 1999, the mall's last remaining department store, Sears, moved to a new location in the former Dillard's store at Fashion Square. (The Sears store lasted only 18 months in the upscale mall and is now a Macy's). This led to the closure and subsequent demolition of the mall with the exception of the Red Robin Restaurant on the outside of the mall which remained open until 2002.
Read more about this topic: Los Arcos Mall
Famous quotes containing the word decline:
“Our achievements speak for themselves. What we have to keep track of are our failures, discouragements, and doubts. We tend to forget the past difficulties, the many false starts, and the painful groping. We see our past achievements as the end result of a clean forward thrust, and our present difficulties as signs of decline and decay.”
—Eric Hoffer (1902–1983)
“Where mass opinion dominates the government, there is a morbid derangement of the true functions of power. The derangement brings about the enfeeblement, verging on paralysis, of the capacity to govern. This breakdown in the constitutional order is the cause of the precipitate and catastrophic decline of Western society. It may, if it cannot be arrested and reversed, bring about the fall of the West.”
—Walter Lippmann (1889–1974)
“We have our little theory on all human and divine things. Poetry, the workings of genius itself, which, in all times, with one or another meaning, has been called Inspiration, and held to be mysterious and inscrutable, is no longer without its scientific exposition. The building of the lofty rhyme is like any other masonry or bricklaying: we have theories of its rise, height, decline and fall—which latter, it would seem, is now near, among all people.”
—Thomas Carlyle (1795–1881)