🛍️ Mall edition
…a deep dive into the biz of American malls
Hey Snackers,
Just in time for your last-minute holiday-gift run, we put together a mall-themed missive featuring Y2K-flavored stories from our Sherwood News site. In this special edition we’re looking at which companies and brands are still decking the halls — and which are frozen in the past.
🎁 Merry quizzmas: Give yourself the gift of biz-news trivia and take our new Snacks Seven quiz. Here’s the first q:
Which company that owns Toys “R” Us and Bonobos said it’s buying Vera Wang? (Check your answer.)
Boom, bust, back from the dead: Why are mall retailers the most interesting stocks on the market?
Writers have spilled gallons of ink opining about the decline of the American mall. Yes, the mall of yore has been kneecapped: 228 malls in the US have closed their doors since the turn of the century, leaving 1,141 standing today, according to analytics firm Green Street Advisors. Many have been abandoned, repurposed, or bulldozed.
But sometimes the parts are worth more than the whole. The concept of a mall may be worn out, but even today, malls live on in our consciousness, in our behaviors, and in our brokerage accounts. Whether they’ve gone up or down, mall companies have some of the most interesting stock-market stories, from GameStop and American Eagle to Barnes & Noble and Crocs.
So we decided to pick up a few of our friends, grab lunch at Panda Express, and head to the escalator for a tour through the most interesting companies in mall lore. “So get in loser, we’re going shopping.”
Read about how malls live on in our memories… and our brokerage accounts.
This Tech Company Grew 32,481%
No, it's not Nvidia… It's Mode Mobile, last year's fastest-growing software company according to Deloitte.1
Their disruptive tech, the EarnPhone and EarnOS, have helped users earn and save an eye-popping $325M+, driving revenue and a massive 45M+ consumer base. And having secured partnerships with Walmart and Best Buy, Mode’s not stopping there…
Like Uber turned vehicles into income-generating assets, Mode is turning smartphones into an easy passive income source. One important difference? You have a chance to invest early in Mode’s pre-IPO offering2 at just $0.26/share.
They’ve just been granted the stock ticker $MODE by the Nasdaq2 and today is your last chance to invest and receive shares in 2024.3
More on the mall universe
Why the decline of the American shopping mall means we're losing the ultimate brand incubator: From Chick-fil-A to Panda Express to Auntie Anne’s, some of the best-known American food brands got their start in malls.
Abandoned malls don't just decay: sometimes they transform into something really cool. Many old malls get bulldozed, but others have become unexpected new destinations that are thriving.
Mall stocks are ripping right now. How much of meme-stock mania is driven by our warm and fuzzy feelings about the past? How nostalgia fuels our trading decisions.
The Smartphone Story Isn’t Over Yet…
Uber did it to taxis, Airbnb did it to hotels… And now, Mode Mobile is doing it to the $500 billion smartphone industry.
Turning phones from an expense into an income stream, they’ve put $325M back in consumers’ pockets and seen 3-year revenue growth of 32,481% from it.
Today is the last day to invest and receive your shares this year.3 Lock in your investment at $0.26/share while you can.4
What else we’re Snackin’
Build-A-Bear stock surged this year because it built-a-biz selling toys to adults.
Denim never dies: why America's love affair with jeans just won't fade.
Strip-mall staple GameStop is still losing money in every region it operates in — but somehow it has more cash than ever.
Apple’s recent $3T valuation has spurred a series of impressive raises among smartphone innovators — and $MODE’s pre-IPO offering² is no exception. It’s now live at $0.26/share, and today is the final day³ to receive your shares in 2024.⁴
Snack Fact of the Day
It can take 1,900 gallons of water to make a single pair of jeans
This Week
Monday: Consumer confidence index
Tuesday: Christmas Eve. US stock market half day
Wednesday: Christmas Day. US stock market closed
Thursday: Weekly jobless claims
Friday: International Day of Epidemic Preparedness
Advertiser's disclosures:
¹ The rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
² Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
³ December 23, 2024 will be the last day to invest and be considered a shareholder in 2024. Any investments made after this date will only be considered shareholders starting in 2025.
⁴ Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.
Past performance is no guarantee of future results. Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities.
DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.